On capitalism – about life

When I was young I went fishing with my dad. I noticed he had to pay for a license, the food and drinks in the bar and also I had to fork over a coin into the dispenser with cheap toys.

It got me thinking on that age about the importance of money. What if you didn’t have it and why we needed it in the first place.

Now I am older and read an interesting quote:

America’s abundance was created not by public sacrifices to ‘the common good,’ but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. They did not starve the people to pay for America’s industrialization. They gave the people better jobs, higher wages and cheaper goods with every new machine they invented, with every scientific discovery or technological advance—and thus the whole country was moving forward and profiting, not suffering, every step of the way.

It’s from Ayn Rand, writer of the novel “Atlas shrugged”. It’s an ode to capitalism.
I don’t agree with her premises.
We don’t need wealthy men deciding what is good for us.

What we need is a system that doesn’t involves money that can multiply or vanish.

Ancient civilization traded goods. They didn’t fare any worse than we do.
Everyone has a talent for things, or something he can trade. The wealth will not accumulate and inequality will be considerably less.

Of course you will state there are much more people now and the economic system will crash launching us into poverty.
I don’t believe that’s true. We are addicted to money. All because it’s a measure of the worth of a product.
But it isn’t evenly distributed. That’s it’s major flaw. It creates debts and poverty.

Trading goods would be a good alternative.

4 Comments

  1. Pingback: Site Title
  2. Money can be a really evil thing and like you said it isn’t evenly distributed. Not everyone has the same privileges and opportunities.

Leave a Reply