Learning about capitalism, in an engaging fun way; explained by a fun engaging young man trying to educate folks in a way they would like to learn. And enjoying every minute of being a part of the "new media"
Sunday, June 26, 2005
The best that you can hope for,
A Capitalist system is the best way to minimize human suffering, but it can't eliminate it all together. Capitalism allows resources (money, services, time, Etc.) to get to where they are best used. It would be an impossible goal to make everyone happy; Capitalism simply creates the greatest level of happiness to the greatest number of people possible. Because resources such as time and money are limited, there isn't enough to go around for everyone. So Capitalism enters as the way to distribute such resources in a way that benefits everyone. Take businesses for example; today when going on long trips you can stop at a business along the way should you need to go to the restroom. The businesses only have a restroom to make customers more comfortable, but even non-customers (the person on a long trip) benefit from the business's investment. If you want a happy society, Capitalism is the best that you can hope for.
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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...
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Capitalism isn't just about making money. It's also about competition. When lots of people are trying to sell the same thing, the...