Capitalism respects effort and ability. If you can put forth the effort to satisfy people's wants; you'll reap the rewards of doing so. But should we also stop our own efforts to help those who aren't prospering? I say no. My reasoning is that in a Capitalist society you live and die by the consequences of your actions. The old adage is true that a fool and his money are soon to part. That saying goes a long ways in understanding economics; it explains why there is no reason to dole out welfare or provide higher wages for people who aren't putting forth effort.
Of what use is money in the hand of a fool, since he has no desire to get wisdom? Proverbs 17:16
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Capitalism isn't the reason a coke bottle costs $3 today. Capitalism is the reason a coke bottle cost only 5 cents in the old days. G... -
Capitalism isn't just about making money. It's also about competition. When lots of people are trying to sell the same thing, the...
