I am a capitalist. It is capitalism that makes my current living possible. I have always lived a bit below my means. I starting buying stocks a lot time ago and now I am living off the dividends my stocks earn.
Because I believe in the benefits of capitalism is why I loan money via the micro loaning site Kiva.org. These are small business loans and they promote capitalism. That is people earning their living by selling something. Capitalism after all is just people earning their living by working for themselves or someone else.
Capitalism goes very well with other things I believe in such as democracy, rule of law, freedom of speech and individual freedom of action.
It is capitalism that makes my current living possible.
Capitalism, is not a political system, it is a market system. It also needs rules set by governments to work properly. For example, it works much better when there are standards in such things as weights and measures. Of course, all market systems work better with such standards. For example, the Romans brought in such standards to facilitate trade. Of course, too many rules can strangle any market system.
I do not believe in socialism as I do not believe that it works. Socialism talks about redistributing wealth. However, you must create wealth to redistribute it. Socialisms flaw is that is that it only redistributes wealth it does not make any wealth. Talk socialism to its logical conclusion and everyone ends up poor.
I do not believe in perfecting mankind as I think that mankind is just fine. Perfecting mankind was the main aim of communism and it talk of creating a new soviet man. Humans are messy creatures; they are combinations of good and bad. Mostly people fit into very grey areas of good and bad. If we were perfect, we would be more like machines, and I cannot see any good in this.
I believe we need some social programs. We do need a safety net for people who are not currently able to make a living. We do not need a permanent welfare roll. I do not think that our current system of welfare works. There is no incentive for people to get off welfare. Every $1 they make, welfare takes back a $1. What we need to do is to offer an extra $1 for $1 welfare recipients make. (However, these rules are changing.)
We need to help people earn a decent wage, so they do not need welfare and we can go on to help others. Currently, we have permanent welfare recipients and others who live on the street that get no help whatsoever. Does this make any sense at all?
Even Nordic countries which have managed socialism better than anyone, have voted in more right-wing governments every once in a while to moderate their socialism and bring their finances into line. Places like Sweden have recently lowered taxes and have brought in school voucher systems.
It is said that socialism last as long as there is other people's money to spend. But the same is said of democracy. Notice that recently everyone talks about how they deserve their entitlements (of health care and pensions especially), but no one wants to pay for it. It maybe that we are trying to test out this statement.
They are now going after those who they feel are rich and could pay for this stuff. Prior to this government debt was used and thought of as free money. However, now it is realized that government debt is not free money. Neither is going to work. If people want good health care and pensions, they are going to have to pay for it.
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