Q&A: Did Socialism or Capitalism bring about America’s current financial demise?

Question by Water_Resources: Did Socialism or Capitalism bring about America’s current financial demise?

Informed answers appreciated.
Demise; the end of something that used to exist, especially when it happens slowly and predictably.

Best answer:

Answer by birdie
Cute question! I will sit back and enjoy the show!

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What advancement in technology made capitalism possible? And what will the elimination of capitalism therefore?

Question by Lodar of the Hill People: What advancement in technology made capitalism possible? And what will the elimination of capitalism therefore?
result in as far as human progress?

Best answer:

Answer by W.C. Felcher
Private ownership of fee simple absolute property, legal enforcement of contract rights, and the securitization of loans.

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