Is Capitalism a Selfish Economic System?
Parrish Miller parrishmiller.com February 2, 2007 There are those who declare that capitalism is a selfish form of economics. Even among those who endorse it, capitalism is often maligned as requiring covetousness in order to operate. Nothing could be further from the truth. Here is where the confusion comes from. Capitalism can work with any mindset. Why? Because it is a perfect system. It is based on reality. No other economic system is based on reality. All other economic systems are all based on a distortion of truth. Capitalism says you keep what you earn, or, to put in biblical terms, “you reap what you sow.” (That is, “you harvest what you plant,” for those in Rio Lindo.) If you earn it, you can spend it, or save it, or give it away, if you are so inclined. The point is, it is your choice! Socialism, on the other hand, has a completely opposite view. You do not earn, you work. You do not keep, you are given. Socialism obliterates any connection between production and consumption