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Are Capitalism and Socialism Merging?

The economy was certainly a political topic during the recent election campaign, as it always seems to be.  Our next guest says that while most believe our economy is built on capitalism and free markets, many also believe that more socialist tenets, such as universal health care and free college education are inevitable.

Mike Switzer interviews Rick Van Der Noord, a certified financial planner in Greer, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.