While I'm certainly not as learned on the various schools of economic thought as some here, even I can see that any system will eventually become corrupted and crumble when it is faith based. Placing faith in your fellow man to do the right thing almost never works out, especially when so much money/power is involved.
That's why so many wacky political/economic theories look so good on paper and draw people in; because they don't factor in the key aspect that can and WILL make it all go to hell; other people.
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