Glancing over the headlines today, I was struck by two examples of how capitalism can solved problems so much better than the government:
In response to America's increasingly broken health care system, store such as Walmart, CVS and Walgreens are opening thier own health clinics which can treat basic illnesses quickly, effectively and cheaply.
A Chinese company is poised to ovetake the electric car and battery market. It is also working towards making it's batteries 100% biodegradable. You can drink the battery fluid. Are they profitable? Buffet had to buy less than he wanted of the company. That says it all.
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Monday, April 13, 2009
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