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"
Wednesday, June 22, 2005
Watching your wallet,
Whenever you buy anything (food, gas, clothes ..Etc.) I am sure you prefer to see cheaper prices over higher prices. This is simple to understand when it comes to ourselves but whenever a employer tries to keep costs down by laying off workers and not paying more than minimum wage, that employer is seen as "selfish" or "uncompassionate". Capitalism recognizes the importance of individuals; whether they are employers, janitors, or maids. An employer has every right to cut his costs as any other individual can.
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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...