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Showing posts with the label capitalism

When the World is up for Profit

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Inspired by thoughts of God and the state of the world W ith the failure of communism, the world was left with an economic system that runs on profit, something called capitalism. However, while killing incentives for humans to strive produces bad results as in communism, the consequences of an unregulated race for profits can be worse and produces huge suffering in the world. While this has led to rising economic inequality in the largest economy of the world USA and despite its riches, hunger amongst some of its children and homelessness for some on its streets, it has also directly or indirectly led to huge suffering in other parts of the world such as the one being witnessed in Gaza, Syria, Iraq and Yemen; aside from periodic financial crisis in the largest economy of the world that reverberate around the world forcing more families into poverty and more children into hunger. The solution for mankind lies not in killing free enterprise but in killing greed whenever

Trickle up Vs. Trickle down Capitalism

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  Flemish painter - http://www.museum-brotkultur.de T here was a time when some humans developed the notion that all humans are created equal and that it is unjust for some to amass huge amounts of wealth while others grind their butts out. This notion gave birth to the idea of communism. However, the communists forgot that trees in a nearby forest are not all of equal height, that a certain amount of inequality is natural and trying to enforce an unnatural equality may kill the forest. Sans incentives and the need to strive, many humans would rather sit and grow obese. The result was that entire economies slowed down severely and bread lines became longer and longer until they became longer than the communist manifesto. It was therefore soon discarded into the trash can. Some political parties still call themselves communist but that is simply out of nostalgia. They neither mean it nor live by the philosophy any longer. Capitalism thus marched across the wo