Copyright © Geri Taylor
http://www.Multi-iBizSolutions.comIs capitalism inherently a system that perpetuates greed and greedy people.., and why is this question important to this blog? Answer; because this blog is devoted to helping others by providing tips on building their own home based business with the hope of, someday becoming self reliant. Hopefully that means that its readers expect to become successful participants in this system of exchanging goods and services called capitalism. And by the way, if one day they become “rich” as a result, is that not the ultimate goal?
You see, I personally do not believe that capitalism is inherently a system of perpetual greed. Yes, you can find greedy individuals who have become successful. But I would dare say that there are far more greedy people among those who are not the top producers in our economy.
I know, I know…, how can I possibly make such a statement when everyday the media tells me about yet another greedy, rich individual or group? But what does a person who has been successful enough to acquire large sums of money, actually do with that money (if the government doesn’t confiscate it that is)? Do they tuck it under their mattress so that “you” can’t find it? No. They do any number of things like;
- Build a new house
- Landscape their yard
- Remodel their home
- Buy an apartment building
- Buy a new car
- Put the money in a bank
- Hire a nanny to take care of their children
- Go out to dinner, to a play or to a concert
- Invest in a company
- Create Foundations and Scholarship funds
- Etc…..
No matter what they chose to do with their money, someone else benefits (unless, of course, they do tuck it under their mattress). If they build a new house, remodel their home, landscape their yard or buy a new car…, that means employment for many people. If they buy an apartment building, they could be providing housing for a college student or a young family. Putting money in the bank means that banks have resources to loan to others who also might want to do one of the items listed above. Investing in stocks means that companies have money to do business and to employ others. Just by typing Charitable Foundations into Google, you can pull up close to 700,000 entries. Colleges and Universities couldn’t survive without contributions from wealthy donors (did you know that Morgan Stanley has a children's hospital?).
It actually saddens me to hear us berate the American people as badly as we do. Despite those things that we can all point to as horrific in our past, I believe that Americans are inherently good people. We are the first to give when there is a major earthquake, flood or tsunami somewhere in the world. We have given our sons and our daughters for others to be free. As bad as slavery was, it did not start here, it ended here! And this country sacrificed 600,000 of its citizens in the fight for that freedom (a far cry from the 4,000 in Iraq). With President Lyndon Johnson, we embarked on the War on Poverty and spent upwards of $4 trillion in the process (which only increased poverty 10 fold by creating a permanently dependent class – in fact, dare I say that more politicians benefited than did the poor?).
So, no, I do not believe that capitalism is inherently a system of greed. I believe that we have demonstrated that by rewarding achievement, we have not only produced great wealth, which we HAVE shared with the rest of world, but have also produced great creativity, development and innovation, which we have also shared with the rest of the world. No other country on the planet can claim to have equaled our contributions to peace and prosperity the world over.
Therefore, I do wish you the greatest of fortune in creating wealth and achieving your dreams. Because, by do so you will also be helping someone else achieve theirs. And, in some small way, I hope that this blog helps in those achievements.
About the Author:Geri G. Taylor
6312 Seven Corners Ctr #233
Falls Church, VA 22044
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