posted on Jul, 2 2014 @ 10:13 PM
a reply to:
Bone75
BS. There are plenty of honest mom and pop restaurants all over the world who are able to 'grow' money. Plenty of other businesses to use as
examples.
Not all capitalism in evil as you are trying to imply.
Competition has been the golden calf of capitalistic. The cell phone revolution over the last decade is a great example of how ingenuity can ethically
grow money. In other words, if invent a great new phone that everyone has to have to keep with the Jone's, then I will be rewarded financially for my
ingenuity.
A clever businessman/inventor will create a product that needs to be updated or replaced every 6 months. It is not coincidence that during the PC
revolution a better and faster high end PC would come out every couple of months that rendered the old computers dinosaurs. The same thing is
happening with the cell phone revolution.
This is not unethical, it is good business. Capitalism at it's finest.
They say absolute power corrupts absolutely.
The health insurance industry has managed to gain enormous power and wealth in the US because healthcare is something that is always in demand. With
this power they have managed to find unimaginable ways to squeeze the working class to the point where they are no longer the wealthiest class of
people on this planet, and their wealth continue to declined, siphoned away by the oligarchy that has gained power.