| THE 3 ECONOMIC SYSTEMS |
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| TYRANNY THE ORIGINAL ECONOMIC SYSTEM BASED UPON USE OF UNLIMITED FORCE BY THE TYRANT. THIS ECONOMIC SYSTEM IS CALLED BY MANY NAMES. THE TRIBAL CHIEF & WITCH DOCTOR AND KINGDOM ARE SOME EXAMPLES |
| LIMITED TYRANNY (CRONYISM, MIXED ECONOMY) A MIXTURE OF FREEDOM AND TYRANNY. SYSTEM REWARDS POLITICAL CRONIES WITH SPECIAL FAVORS USING THE GOVERNMENT'S MONOPOLY ON FORCE TO OPPRESS THE INDIVIDUAL. THE TYRANNY INCREASES WITH TIME AND PROBABLY WILL EVOLVE INTO TYRANNY- THE ORIGINAL ECONOMIC SYSTEM. |
| CAPITALISM "THE UNKNOWN IDEAL" THE GOVERNMENT ROLE IN THE ECONOMY IS LIMITED TO PROTECTING THE INDIVIDUAL FROM THE INITIATION OF FORCE AND MAINTAIN A STABLE MEDIUM OF EXCHANGE. PURE CAPITALISM, IS A THEORETICAL SYSTEM AND LIKE THE TEMPERATURE, ABSOLUTE ZERO HAS NEVER EXISTED. |
| THROUGHOUT RECORDED HISTORY, THE CLOSER THE ECONOMIC SYSTEM WAS TO CAPITALISM, THE GREATER ITS PROSPERITY AND THE WELLBEING OF ITS CITIZENS |
| THE 3 ECONOMIC SYSTEMS |
COMMON SENSE” the culprits, the“KING” and his “PEERS” were easy to identify. They made no effort to hide their identity as they went about the business of oppressing the “COMMONS”. Click here to finish reading the Introduction to "21st CENTURY COMMON SENSE" A pdf file will be opened in a new window, when finished just close the window. |
| THE KINDLE EDITION OF "21st COMMON SENSE" IS AVAILABLE FROM AMAZON.COM FOR $2.99 JUST CLICK ON THE ABOVE ICON. |
THE KINDLE, AN EXCEPTIONAL PRODUCT. Because of eye strain, I had, reluctantly, all but given up reading printed books. In fact, I had not read a book in years. Then I bought a Kindle to see how my book "21st Century Common Sense" appeared on the Kindle screen. What a surprise, there was no eyestrain when reading the book on the Kindle. That was three months and 15 books ago. I even reread "Atlas Shrugged". Thank you, Amazon, because of Kindle, reading is enjoyable again. TOBY |
Pure capitalism has never existed; it is similar to absolute zero in physics. Like absolute zero, Capitalism has been approached but never actually achieved. The United States Constitution, perhaps, produced the closest thing to Capitalism that the world has ever seen. Even though our Capitalism was flawed, it produced unprecedented prosperity and undreamed of technological achievements. Under a mostly Capitalistic society, the steam engine, whose design dated back over 1000 years before the emergence of Capitalism, became a practical labor saving tool. The steam engine and subsequent innovation improved man's productivity and created a prosperity and well-being for the average citizen that is unique in all recorded history. Entrepreneurs exploited innovation and created the industries that increased our productivity and reduced the cost of almost all goods and services required to sustain and enhance our lives. Envy of the wealth accumulated by these entrepreneurs caused society to move away from its capitalistic roots. In 1888, the Congress created the ICC (Interstate Commerce Commission). Two years later the Congress passed the Sherman Antitrust Act. Capitalism became quite ill; contracting a fatal disease after Congress enacted these two laws. Around the turn of the Century the Wannabe Tyrants enforced and strengthened these laws, and Capitalism lay down on its death bed, never to rise again. On its death bed, Capitalism was slowly replaced by Cronyism. Few even acknowledged its demise when Capitalism passed away in the mid-1930s. Capitalism had been completely replaced by Cronyism. Even though Capitalism has passed away, Wannabe Tyrants ignored its demise and continued to blame the corpse for the economic failures of Cronyism. Cronyism, continued to degenerate into Tyranny. Of course, Cronyism is simply the transition between Capitalism and Tyranny. The evolution of cronyism to tyranny is almost complete. How did it happen? Read the book “21st Century Common Sense”. |
| THE COMMON SENSE BOOKS |
President Obama claims that his agenda (cronyism, of course he doesn't call his agenda cronyism) will lead to prosperity and that capitalism has been thoroughly discredited by history. That's just not true! See cartoon below! |





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