Robert Peele: Exceptional capitalism

October 1, 2013 

Exceptional capitalism

Regarding Assad Meymandi’s Sept. 17 Point of View piece “What makes America exceptional?” America is indeed exceptional, but it is not our system of laws that make us special. Rather it is our system of free enterprise.

Did we defeat the Soviets and win the Cold War because of our laws? We won the Cold War mainly because our economic system was vastly superior. The Soviet system stifled entrepreneurism. Without economic freedom, there can be no real freedom.

America will stay strong and stay exceptional only as long as we promote free enterprise: good, old-fashioned capitalism.

Robert Peele

Rocky Mount

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