This is true for capitalism too. All companies face some economy-wide risk from business cycles and things like energy price shocks. They are important, but they don’t drive productivity.It is the small companies that become big, like the next Costco, Southwest Airlines or Celgene. The problem was the governments became ruled by an elite few and many freedoms were denied under those governments. The communist system made sure everyone was equal. The survival of the fittest, the people who have earned it get it good or bad, generosity should be our own choice instead of being forced, and it is just morally right. It is, to paraphrase Winston Churchill, the worst of all systems, except for everything else.One problem is that today’s capitalism has contracted to an extent that is hard to ignore. Google completely dominates internet searches with an almost 90 percent market share. In good capitalism, if you have a skill or knowledge, money comes to you in stead of you running after the money.


This standard of poverty is much better than in socialist countries or those who have only begun the process of adopting capitalism. People will complain about rich people controlling the government. Toxic, Inc.: Capitalism being bad for the environment is common in green oriented stories. Facebook has an almost 80 percent share of social networks. 1 it helps create more jobs and also help keep a steady economy. They have an important role. Today I am President of the investment advisory firm Millennium Wave Advisors, LLC. I am also president and registered principal of Millennium Wave Securities, LLC a FINRA and SIPC registered broker dealer. It provides competition so the consumer gets lower prices.There have so far been no alternative economic systems which have worked better. Thus they can only support a small number of producers.Passenger aircraft, for instance. They may be highly profitable for the owners, but don’t serve the public.My good friend Jonathan Tepper wrote an excellent new book on this: He and co-author Denise Hearn explain why this is a serious problem with world-shaking consequences.I’ll use some excerpts from the book for this discussion.The book refers to Milton Friedman’s old TV series "Free to Choose" sounds great. Same reason unions came into being. People confuse capitalism with corporate America and do not consider the alternative socialism for what it is, fake. When the USSR fell very few nations could stand on their own. In the game monopoly the winner is rich and everyone else are poor. It has gotten better through the years, however, because now workers are able to receive health benefits and have certain rights that the business owners cannot violate whenever they wish. This is true for capitalism too.Any system will have good effects as well undesirable side effects. “Firm-specific risk is huge, and there’s much more of it now than there used to be.” So at … And that number is shrinking every year.Yet now, some on the left are again embracing socialist ideas and irrationally high taxes. Complaining about inequality is to complain about human nature itself. Now days, we have it all wrong, we value money more than the skills or knowledge of an individual, money is just a tool. While family neighborhood stores are a critical part of the economy, it is important to distinguish between small businesses and the high-growth startups that Haltiwanger describes.Small businesses like restaurants and dry cleaners create most jobs, but they also destroy most jobs. In fact, they were the only European nation not to suffer because of the 2008 recession. Even if a country would be ruled by communism, there still will be poor and rich. Socialism is a way of life meant for everyone to get paid equal and have equal opportunity, here in the U.S every single citizen has equal opportunity but the fact that most put away is that we wont ever get equal results.If our citizens were more moralistic, then the problems of capitalism wouldn't exist. Capitalism takes advantage of human nature and self interest and uses it to create new goods and services.
They also gain the money from our work Simply the poor become poorer and the rich get richer. The Soviet Union’s collapse ended the socialism vs. capitalism argument.Semi-free markets spread through Eastern Europe. Even the former areas of the East German communist government are still behind Western Germany. Therefore it can be said that capitalism is better than communismThis country was founded upon entrepreneurs and to live the American dream. Most successful nations are capitalist. Capitalism is good. For Pete sake they have made it better! You have Boeing, Airbus, and a handful of smaller players that make smaller airplanes.Banking certainly isn’t.

In reality, capitalism is a dynamic system that has changed itself over time to remain dominant.Capitalism is great! Only countries with strong market economies become wealthy and powerful, as Adam Smith pointed out prophetically long ago.Most people do not understand capitalism, they think it is greed for those who succeed in life and followed there dreams and have gotten large sums of well deserved money that they view as they got lucky and stole it from others who worked in a different field or sat at home and did nothing who think they deserve money just for being alive.


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