Comments on: CAPITALISM 101

By: John Ingrisano

John Ingrisano — Thu, 14 Jan 2010 13:14:30 +0000

Dape, your assumption is that capitalism is exploitive. Far from it. Capitalism is based on people offering their products — the labor of their hands — in a free market economy for a price that the market (as in, you and other members of the public) are willing to pay.

Capitalism is not about enslaving or stealing somneone’s efforts. In a true capitalist society, people are free to work for a fair and equal prevailing wage, take a job elsewhere, or — for for me, this is best of all — use their skills and sweat to start their own capitalistic venture.

By: Dape

Dape — Thu, 14 Jan 2010 11:39:02 +0000

Enjoyed your article, rather bold though! Watch Slumdog millionaire the free market works in all kinds of business areas, unfortunately, can breed instability and of course corruption.

By: Tyrone

Tyrone — Wed, 13 Jan 2010 18:21:53 +0000

Competition absolutely completes a free market because without it, how can people choose on best quality service and those products which will fit well in their lives? Competition and capitalism actually flourishes how you should be challenged of keeping that unique aspect in you that’ll make you uniquely popular among others.

By: michelle plaatjies

michelle plaatjies — Mon, 11 Jan 2010 20:12:26 +0000

just browsing for a business that works

By: John Ingrisano

John Ingrisano — Mon, 11 Jan 2010 13:00:34 +0000

Unfortunately, my friend, you lack a clear understanding of Capitalism,which is based on freedom and choice. It is socialism that requires forced labor and coersion to make people work. In a free market system, people flourish and prosper … though they do have to work to do so. No sinecures.

By: thinkingSage

thinkingSage — Mon, 11 Jan 2010 10:14:20 +0000

I bet if e-book readers were assembled by unpaid workers (say, prisoners) they’d be even cheaper…

Sorry for the troll, but there are limits to the virtues of “free” market game theory.