Quote by Larry Elder

America traditionally represents the greatest possibility of someone's going from nothing to something. Why? In theory, if not practice, the government stays out of the way and lets individuals take risks and reap rewards or accept the consequences of failure. We call this capitalism - or, at least, we used to.

America traditionally represents the greatest possibility of

Summary

This quote highlights the belief that America offers individuals the greatest opportunity for upward mobility. This is attributed to the idea that, in theory, the government does not excessively intervene in people's pursuits, allowing them to take risks, succeed, and benefit or face the consequences of failure. The mention of capitalism suggests that the free market system, which has traditionally been associated with America, allows individuals to fully engage in economic activities and pursue their goals. However, the quote also implies an acknowledgment that the perception and practice of capitalism may have evolved over time.

Topics

Failure

By Larry Elder

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