Freedom with a name change.

Capitalism since day one has been given a bad reputation. When the word is used people often think of words like 'greed' or 'wealth'. So when polls have been done asking people's opinion of capitalism, over half of Americans support it in the 60% range. But when the words 'free enterprise' are used as much as 80% or more of Americans support it. Capitalism is the freedom to choose. Not just freedom to do smart things, but freedom to do unwise things. Anti-capitalists often have sympathy for the individuals who put theirself in a bad situation due to their unwise decisions, and thus they dislike the freedom that those unwise people had. In doing so they are disliking Capitalism.

I'm back!

I'm back ladies and gentleman! Sorry for the delay but I just now was able to return and you all can look forward to many more good posts coming soon. Economics 101 is back!

Maybe we can make the anti-capitalists happy after all,

Anti-Capitalists are not exactly for helping the poor. They are hoping for the rich people to fall to the level of the poor. Anti-Capitalism isn't helping the poor it is all about hating the rich. The same rich that provide jobs all around America.

Listen to the lyrics in the song "Two Dozen Roses" by Shenandoah:

"If I could cry a little harder and get a little less sleep at night.......would it change your mind?"

If all of us Capitalists suffered more maybe the Anti-Capitalists would like us more.

Emotion gouging

All the politicians in Washington recently talked about gas companies gouging the public with high prices. So why did the gas companies raise their prices? Because...........they didn't want people to buy so much gas that a gas shortage would happen. But out of fear of being called a price gouger they kept the prices low. As a result many stations ran out of gas and guess what......the same people who complained about gouging then had no gas to buy! The politicians used the emotions of people around the country in order to push their agenda; it resulted in worsening an already bad situation.

I couldn't have made it easier!!

This video is good economics 101. Made for kids but should be seen by all anti-capitalist adults.
http://youtube.com/watch?v=TWBLFLLGK10&feature=related

Give us another one, Thomas!

One more quote from Mr. Sowell.


"Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good."-Thomas Sowell

Remember that the next time you hear of "bad economic times".

Mr. Sowell makes it simple,

“Despite a voluminous and often fervent literature on ‘income distribution,’ the cold fact is that most income is not distributed: It is earned.”-Thomas Sowell