I like to think one of the reasons China is booming the way it is now is due to having cast off inane notions like someone can own a work after their dead or that any vague idea or wording can be protected from the public for the right sum of money.

Much like how the US benefited greatly after separating itself from similar IP systems that existed in Britain in the early 19th century.

“Greece, Portugal & Spain are all spending above what their economy?s GDP can handle.
Why does Spain have near 50% unemployment? Socialism
Why do all the above countries have austerity? Socialist spending.”

Interesting how you completely ignored the countries I listed, because you know very well they conflict with your narrative. Thus, the only way you can continue to function mentally, is by blocking out the information that conflicts with your belief system.

But I’ll bite, and respond to your point: Those countries had problems, because they spent vastly more than they took in. Sound familiar?

There are other reasons, of course, but that’s the simplest one in a nutshell. And I will agree they aren’t countries we should be looking to emulate. Instead, we should be looking at Germany, Sweden, Netherlands, etc.

But let’s worship capitalism, and take the regulations off those poor businesses so they can operate however they wish. It’s not like we’ll repeal a law like Glass-Steagal that was in place since the Great Depression, and I bet those nice capitalistic companies won’t cause a financial meltdown because of it!

Johann Sebastian Bach made the equivalent of an Album per week.