Opus 2015-261: Give Me Honest Greed Every Time

Why is free enterprise capitalism a better system to live under than crony capitalism (fascism) or a regulated economy (socialism)?  It comes down to “greed”.

You need to understand that “greed” is a condition of the human race.  We have a tendency to do what is best for us.  If we can sell an apple for a dime to person A, we won’t sell it to person B for a nickle.  That is unless the government fines us a quarter for the sale which is what is happening in our managed economy.

One of the basic rules of capitalism is that if you don’t make a product people want, they won’t buy it and you won’t make any money.  If you price it too high, they won’t buy it and you don’t make any money.  You pay them well because if they do not make enough money to afford it, you don’t make any money because they do not buy.  Understand.  Simple economics.  If you don’t make money you will never get rich.  The genuine capitalists who get rich make a good product that people can afford using well paid labor.

Enter government control through crony capitalism (fascism) and/or government coercion through regulation (socialism).  The elites control both.  They do not care if they make money because the government will make sure that they have power and all the benefits of power.  They cannot be put out of business because someone else makes a better mousetrap.  You either tax the competition out of existence, threaten them until they stop, beat them up until they run, or have them join the club.

Why would you trust the government more than big business?  Both have the same greedy people in charge but if you decide to buy Android instead of I-phone the IRS, CIA and FBI don’t show up at your door.

So grow up.  We have an election coming.  On the federal level that happens every two years.  On the other hand, every day you can vote with your dollars.  Which one do you have more control over?  Use them both wisely while you still have time.

homo unius libri