At a time when many Americans are questioning the free market because of societal problems like environmental

Question:

At a time when many Americans are questioning the free market because of societal problems like environmental damage and income inequality, Warren Buffett, Berkshire Hathaway CEO, regularly affirms his faith in capitalism, as he did at the 2019 shareholder meeting: “I believe we wouldn’t be sitting here except for the market system. I don’t think the country will go into socialism in 2020 or 2040 or 2060.” Do you agree that socialism is not in America’s future? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Law Business And Society

ISBN: 9781260247794

13th Edition

Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker

Question Posted: