There is a book called the "Wealth of Nations" by Adam Smith that describes a concept that American should follow. In this book, Smith describes free market enterprise and the invisible hand of the market, which the United States does not embrace. I think that when Wall Street (the government) began embracing communism and following the Karl Marx's economic philosophy of (a) "supply and demand" and (b) a command (top down system) of an economy, the United States market started heading in the wrong direction. Instead of embracing Karl Marx's philosophy of economics when Wall Street (and not the government) decides which business live and die through investments, mergers, sales, etc, I think that we should go more with Adam Smith's economic philosophy and let the consumer/buyers determine (invisible hand of the market) which businesses live and die (excluding some services that are necessary such as the police force, some regulation, etc.).
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