Skip to main content

Capitalism's Characteristics: Why Capitalism Is Good



When you have the great foresight not to consume every resource you've got, what's left over becomes savings.

When you have the great insight to trade your savings for tools that make you more productive, your savings become capital.

Why Capitalism Is Good

Capital is what makes work a little or a lot easier on you, and the key to getting ahead is spending less on consumption and investing more on capital.

Most people consume right up to their limit, and they stay poor or middle class forever.

Those who have great success in life are usually those who create more for the rest of the world than they consume.

Capitalism's Characteristics

Resources find their way into such a person's hand in great amounts because they will grow in that person's care.

Most of us are more or less given exactly as much as we can be trusted to be responsible with in this world.

For many of us that's just enough not to die or riot each month.

For a very few of us that's all the treasures of our great civilization.



Popular posts from this blog

Occupy Mordor or Destroy the Ring?

There has been mixed responses to Occupy Wall Street by libertarians. Some see the movement as a positive, while others see them as little more than lazy hipsters. But libertarians must be sensitive to why people feel the way they do about issues. The occupiers point out a legitimate concern that "the 1%" control vastly more power and wealth than "the 99%", and corporations have accumulated more power and privilege than is healthy for an open society. Some other concerns and demands are absurd, but the heart of the matter is on track. The question is why has this happened? While many on the left are quick to blame a nebulous thing called "greed", or lack of regulation, the matter is more complicated than that. This calls for a Lord of the Rings metaphor. Let's say that Sauron, the big cheese bad guy of Lord of the Rings, is the corporate hegemony. The 1%. Most people in Middle Earth agree that this is a problem, but there are a few differ...

I've Been an Outspoken Critic of Censoring Conservatives, But I'm Not Leaving Patreon Over Sargon of Akkad's Ridiculous Remarks

By: Wes Messamore The Humble Libertarian Photo: Gage Skidmore

Were The Founding Fathers Aided By Aliens?

Photo: Sebastian Bieniek, Dollarfaces https://www.b1en1ek.com/works/bieniek-paint/2015-dollarfaces/
–––As Featured On–––