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"
Saturday, December 31, 2005
A market for respect,
Capitalism has many benefits. One of those many benefits is respect. Any nation that is a Capitalist nation has respect for private property rights; in turn its citizens respect each other. A good example is a restaurant owner who bans smoking from his restaurant; when he posts a sign that says "No Smoking", smokers respond by going to where they may smoke. So the smoker has freedom to choose to smoke elsewhere and the restaurant owner has the freedom to not allow smoking in his business. It is easy to see why Capitalism is the most moral of all economic systems.
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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...