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"
Thursday, August 11, 2005
Simple Capitalism,
I enjoy making Capitalism easy to understand. That's what inspired me to create this blog to begin with. So to give you a super simple definition of Capitalism: Capitalism is when a person gives the best of what they got to another person in order to receive that person's best. For example if I needed money in an emergency situation, I would trade something valuable to me (my car, computer, etc..) to receive someone else's money. (which they created by giving their best to someone) That's why government welfare is immoral. When a person trades their welfare money for something they aren't giving up anything that represents their best efforts; they are giving up money that the government gave to them after taking it from someone else.
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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...