link: http://ift.tt/1QCENmL
Hot And Trending...
Trending
- Consumers are voters. They’re voting for Trump & Sanders because they’re not confident in the economy https://t.co/VofjaZxuc1 @SchiffGold
- Sanford Ikeda,“The Misesian Paradox: Interventionism Is Not Sustainable” (March 2016)
- #Bitcoin didn't soar to a record high due to safe haven buying. It rose due to speculators betting that others would buy it as a safe haven.
- Studies in Austrian Macroeconomics: Advances in Austrian Economics
- Any investment advice besides "buy gold bars"?
- CBC Report: Why Canada Has Debt (Interview with Rocco Galati, renowned constitutional lawyer suing the Bank of Canada for relinquishing Canadian sovereignty to private international bankers).
- Low Cost Vault Storage: A Solution for International Clients. https://t.co/arhCvxDUmb @SchiffGold
- @EricSunray No it's not, as insurance companies do not have the liberty to discriminate against people with pre-existing conditions.
- Hillary Clinton Wins the Federal Reserve Primary
- The "Logic" Behind the War on Cash (Audio) @SchiffGold http://bit.ly/1HH9QZD
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?