It’s probably fair to say that the U.S.A. is the World’s leading proponent for capitalism and private enterprise. As President Reagan famously asserted in his 1981 inaugural address, “government is not the solution to the problem; government is the problem.” And of course there was Grover Norquist in 2001 asserting “I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into the bathroom and drown it in the bathtub.” By 2012, 95% of all Republican members of Congress had signed Norquist’s pledge to oppose any increase in personal or business taxes. The fall of the Soviet Union and the embrace of capitalism in China both reinforced the U.S.A.’s belief in private enterprise.
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