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, May 24, 2006
Keeping success valuable,
With all the talk about Wal-Mart shutting down small businesses, let me give you a direct statement. Here it is: Those businesses that are shut down by Wal-Mart deserve to fail. For two main reasons (1) Those businesses have failed in offering goods and services that most people consider to be valuable. (2) Success is cheapened if we do not allow failure to happen when it is deserved. It is damned difficult for a mom and pop shop to compete with Wal-Mart. But until the mom and pop shops stand up to Wal-Mart and compete they shall never experience the joy of a David versus Goliath type victory. Great success only happens when failure is faced and accepted. When failure is not faced, success is weakened and loses its great value.
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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...