Capitalism is Unavoidable
Capitalism is a system in which people use the resources they have to create more resources. As long as the Sun is shining, this will continue to be possible. There is nothing wrong with this. It is a good thing.
The more freedom people have to make voluntary transactions, the more ambition, perseverance, innovation, thrift, and accomplishment will be rewarded.
Rich People Know How to Make Money, and That's Good
Free market capitalism often means that rich people continue to make more than poor people. What's the alternative, really? The alternative is that the rich people stop making money. That would be disastrous, including for the poor. Yes, if a person has one dollar and another has ten, the person with ten dollars is going to have eleven dollars and the other is going to have $1.10 if they both make a 10% return on their investment. What is the problem with that???
Of course the rich are getting richer. That is because, first of all, they are still doing the things that made them rich in the first place. If they got rich in high-paying jobs, and they are still in those jobs – SURPRISE! – they are still getting paid. Secondly, almost all of them invest their money in ways that will earn even more money. That is good, because it means they are investing in companies and ventures in ways that allow other people to earn a living and perhaps get rich, too, and it is paying off. Thirdly, they tend to have good financial habits, such as not spending more money than they make.
Capitalism is a system in which people use the resources they have to create more resources. As long as the Sun is shining, this will continue to be possible. There is nothing wrong with this. It is a good thing.
The more freedom people have to make voluntary transactions, the more ambition, perseverance, innovation, thrift, and accomplishment will be rewarded.
Rich People Know How to Make Money, and That's Good
Free market capitalism often means that rich people continue to make more than poor people. What's the alternative, really? The alternative is that the rich people stop making money. That would be disastrous, including for the poor. Yes, if a person has one dollar and another has ten, the person with ten dollars is going to have eleven dollars and the other is going to have $1.10 if they both make a 10% return on their investment. What is the problem with that???
Of course the rich are getting richer. That is because, first of all, they are still doing the things that made them rich in the first place. If they got rich in high-paying jobs, and they are still in those jobs – SURPRISE! – they are still getting paid. Secondly, almost all of them invest their money in ways that will earn even more money. That is good, because it means they are investing in companies and ventures in ways that allow other people to earn a living and perhaps get rich, too, and it is paying off. Thirdly, they tend to have good financial habits, such as not spending more money than they make.












































