Capitalism is not a bad thing. Nor is it a bad word. IF AND ONLY IF we all started at the same starting point. The problem with capitalism today is that some people are simply born more fortunate and that puts them significantly ahead of the curve. As capitalism suggests, it requires capital. There are 2 ways we make a living today — using capital to earn wages or using labour to earn wages. For example, allowing your land to work for you by receiving rental on land (capital) or using your time to work for you by receiving wages on time basis (labour).
Decentralising Capital. Solution to capitalism
Decentralising Capital. Solution to…
Decentralising Capital. Solution to capitalism
Capitalism is not a bad thing. Nor is it a bad word. IF AND ONLY IF we all started at the same starting point. The problem with capitalism today is that some people are simply born more fortunate and that puts them significantly ahead of the curve. As capitalism suggests, it requires capital. There are 2 ways we make a living today — using capital to earn wages or using labour to earn wages. For example, allowing your land to work for you by receiving rental on land (capital) or using your time to work for you by receiving wages on time basis (labour).