Tuesday, May 24, 2005

How to think like a Capitalist,

If you are familiar with Capitalist thought, you know that we Capitalists encourage individual effort and ask that government aid be kept out of it. But why do we feel that way? Because we have come to realize that the government ruins things when it tries to help; we also realize that when people face difficulty they usually overcome it best by using their own intelligence. So whenever the government steps in to lift someone out of poverty for example, that person stops looking to their own intelligence for help, and begins looking to the government. As a result that individual stays in poverty while being dependent on the government's help.

Thomas Sowell calls this concept, "thinking beyond stage one". That's all Capitalism is nothing more, nothing less. If you think beyond stage one, then you are thinking like a Capitalist.

Thomas Sowell