Connect
To Top

Capitalism – Is It a Good or a Bad Thing?

A short view on some basic thoughts around capitalism.

Why do some interpretations of capitalism have some people thinking its a bad thing?

The main argument that says capitalism is bad goes like this: people need to be controlled or the greedy and powerful will use the good hard-working people and destroy the earth. A little harsh?  Maybe you can say capitalism is bad as the world is made up of sheep and wolves and the wolves will destroy and take what they want from the sheep even if it is unfair and inhuman.

Some believe that capitalists lack compassion and understanding about the suffering of people.

With this belief in mind now let’s ask ourselves why capitalism is so good?

To understand why capitalism is good to consider the alternative…

There will always be greedy and powerful people, but under socialism, the power is given to bureaucrats and not too creative people called entrepreneurs. The people here who suffered the most are the poor and middle class.

Bureaucrats under a non-capitalist system actualized their greed for power by using the government and law to keep their power and keep up the status quo and not competing freely with the rest of society.  The government becomes the funnel for income redistribution penalizing the hard-working and creative and rewarding special interests.

Capitalism believes that men are basically good and when they act on their enlighten self-interest society as a whole is lifted to a higher level, just compare North Korea and South Korea for a moment.  Or where would you have rather live West German or East German?

Capitalism allows everyone to be the best that they can be.

Capitalism is the most compassionate form of economics as it gives everyone a chance.

sonia r landry

Sonia Rina Landry is a passionate entrepreneur, speaker, author, and personal development coach. She is an outspoken advocate of the free market economy and has helped countless clients identify their core values, envision and realize goals that resonate with those values. She oversees several businesses online and offline.

More in Politics

  • Capitalism in America

    To understand why capitalism works in USA, let’s go back in history a little to the founder of modern capitalism, Adam...

    Sonia LandryNovember 26, 2018
  • Recounts In Florida

    Secretary of State Ken Detzner formally ordered recounts in Florida on Saturday, in the midterm election. Recounts started Saturday afternoon. This...

    Sonia LandryNovember 12, 2018
  • Lawsuit Filed By Arizona Republicans

    On Wednesday night, GOP demanded a change to how some Arizona counties tally mail-in ballots in a lawsuit filed by Arizona...

    Sonia LandryNovember 9, 2018
  • Senator Ted Cruz

    It was a tight race between incumbent Republican Senator Ted Cruz and Democratic U.S. Senate candidate Beto O’Rourke. The race now...

    Sonia LandryNovember 8, 2018
  • 2018 Midterm Election Cost Could Top $5 Billion

    Today is the day. Americans are casting their votes in the 2018 midterm election. After the votes have been cast, this midterm...

    Sonia LandryNovember 6, 2018
X
Welcome!