Tagged: Capitalism

Corruption and Greed are the Real Problem 1

Corruption and Greed are the Real Problem

What I have found is the capitalist system can easily be corrupted by greed, especially if you allow monopolies and cartels to form, and you do not provide reasonable government regulation of industries. I have also found that a socialist system with government run systems can become just as corrupt when they establish monopolies on…
Lack of Economic Freedom Leads to the Dark Side of Politics 0

Lack of Economic Freedom Leads to the Dark Side of Politics

The more a society takes away people's economic freedom, the more they turn to extreme leaders and extreme political philosophies that promise them economic prosperity. In a democracy, the revolution is by votes; in a dictatorship, by arms. Either way, people will rise up and demand economic opportunity, as history has shown us time and…
Economics: Instead of Extremes, We Need a New Way Forward 0

Economics: Instead of Extremes, We Need a New Way Forward

Instead of choosing between a system where the government takes care of us but takes away our choices, or a system where we have freedom but are left to fend for ourselves, why can't we build a system where we empower people to take care of themselves, educate them on how to be effective at it, and make sure everyone has the basic resources to do so...
The Common Wealth or Special Interests 0

The Common Wealth or Special Interests

A person, political party or society can either be interested in a prosperous society and the common wealth or be interested in control and special interests. They cannot truly be interested in both at the same time, because control and special interests, by their very nature, seek to establish one group's will over another. While…
Should Workers Be Paid Based on Value? 0

Should Workers Be Paid Based on Value?

Over and over I hear competing arguments about whether people should be paid a living wage (and implementing a minimum wage to ensure that) or whether people should be paid what the market will bear and if people want to make more money, they should get a better education and job skills. Both sides have…
Socialism is like Gravity; Capitalism is like Momentum 0

Socialism is like Gravity; Capitalism is like Momentum

People often get into spirited debates on whether capitalism or socialism is better.  To me, the concepts behind each system can be described as gravity and momentum.   Socialism is like gravity, in that it is a force that acts upon all equality, keeps people grounded, shares community resources, and sets a minimum standard for…
Fundamental Law of Capitalism 0

Fundamental Law of Capitalism

The fundamental law of capitalism must be: If workers have more money, businesses have more customers. Which makes middle-class consumers, not rich business people, the true job creators...
The Pitchforks are Coming 0

The Pitchforks are Coming

If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for [the rich]. No society can sustain this kind of rising inequality. In fact, there is...