by Red_Melons on 2003/8/14 14:24:20
The driving force behind capitalism is not the betterment of mankind, but the concentration of wealth in fewer and fewer hands. In the long term that is not sustainable - who will buy the capitalist's products if nobody else has any wealth?
No, capitalism depends on generating new wealth which means the lowest denominator actually has his/her living standards raised. What the socialist fail to understand, economics is not a zero sum gain. Communism and it's ugly mother, socialism, have exteremly difficult time creating wealth because human nature will cause in implosion of the system. Capitalism, tied in with strong individual liberties, raises eveyrone's standards. That's the reason good capitalist applaud open markets for free flowing goods between nations. Government should only be there to readjust balances when things are gone too far on one dirction that is stagnating a given market.
If you take a look at which country of orgins the most productive/wealthest immergrants come from in the US, it's Russia and Egypt. Pity so many native born Americans don't have that type of drive to generate more wealth.
Dammy
