link: http://ift.tt/1QCENmL
Hot And Trending...
Trending
- #JanetYellen said there is a 0% chance that the Fed would raise short-term interest rates more than expected without rapid economic growth.
- Myths about the "owners of capital"
- Al Gore still has not accepted the results of the 2000 election and the media has never had a problem with that!
- What are the main features of modern economic crises?
- It's not the global economy that worries the Fed, but the U.S. bubble economy. The Fed is afraid to prick that bubble by raising rates.
- India's recent monsoons are only one reason analysists and financial experts are bullish for gold in Q4 and 2017:… https://t.co/XcNUJ3T9iy
- It’s not just the White House with economists on the payroll. Nearly every government agency has somebody on staff giving economic advice. And what has it gotten us? Trillions of dollars in debt. http://bit.ly/2DbGc4e
- Satoshi Nakamoto nominated for the Nobel Memorial Prize in Economic Sciences - Talks about Early Austrians
- #JanetYellen denies the Fed is concerned about the stock market, or that it considers the market when deciding on interest rates. Yeah right
- When polled by the WSJ, mainstream economists agree with me – this rate hike won't stick. @SchiffGold https://t.co/m99oXDelen
Friday, February 26, 2016
Capitalism vs Socialism (economic theory)
Please take the time to read this. Capitalism works because it is a natural extension of biological evolution. The laws of nature govern the free market of capitalism. Socialistic ideas contradict the logic of our evolutionary past. The development of our species has taught us that the “survival of the fittest” scenario is the catalyst for evolution, innovation, and collective longevity. Capitalism chooses not to ignore the valuable lessons learned from our evolutionary history; instead it chooses to embrace them, ensuring its survival. Never confuse equality with fairness. The laws of nature that shaped our evolution dictate that individual survival is based on the ability to acquire nutrients and avoid exposure. And the quality of that survival is based on aptitude. This model is reflected within capitalism. The quality of your survival in the free market is based on your aptitude for production. The answer to the question of capitalism vs. socialism lies within another question. Do you want an equal society or a better society?