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Hot And Trending...
Trending
- Keynesian Hedge Fund Manager Ray Dalio Agrees with Peter Schiff on Fed's Next Move @SchiffGold https://t.co/96aepOXtlI
- President of FRB coming to my school
- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
- My speech at The Jackson Hole Summit last month. @SchiffGold http://t.co/AVPdZNaY5x
- U.S. wages rose by just .2% in the 2nd quarter, the weakest growth since 1982, shocking markets that had expected a rise of .6%.
- What American would hire an accountant, then ignore his advice to utilize legal deductions, and pay more income taxes then are legally owed?
- By not answering the question, #Clinton avoided stating whether the Constitution means what it says, or what justices pretend it says.
- Innovation Policy Critique by Sinclair Davidson and Jason Potts
- UBS Says It's Time to 'Warm Up' to Gold @SchiffGold http://t.co/ZBtHRx7WS5
- The Clinton foundation barely gives any money to charity. It's merely a ruse to enrich the Clintons at America's expense!
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?