Free Market Capitalism or Government Regulated Capitalism?

Quirrow - the Travelling Skier

I have been pondering over this question during my free time for the past few weeks or so. This was spurred by what I read about Margaret Thatcher’s passing. She was Prime Minister of UK at a time when I was too young to understand much about the policies she instituted but I remember my Dad saying good things about her and thus she struck out to me as a very successful lady PM. It was with her passing that I discovered she instituted labour reforms and led to the privatization of national assets that have allowed London to gain the status of a global financial centre today. While there are opponents to the harsh measures instituted, I look at it as a necessary evil, just as the French Revolution, or the Tiananmen Incident was to both France and China. But getting back to the main point here is whether…

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