Thursday, June 18, 2015

The Good and Bad regarding Global Capitalism

We saw first hand that Communism (especially without capitalism like China now has) doesn't work. Why is this? It doesn't work because the primary thing that would make it work: Greed: isn't there. So, even though from each according to their ability and to each according to their needs sounds pretty good it doesn't work because most average earning or poor people don't want to be supporting everyone else, they just want to support themselves and their own families. Rich people might have a different point of view but the average person doesn't here on earth.

The problem with capitalism is: Too much Greed.

Though it makes more people have more money generally speaking, still as companies get too big they tend to take over countries economically and become monopolies and are much more likely to destroy the environment all over the world and also sometimes destroy the people who work for them who are not stockholders of that company, especially line workers who get injuries that often aren't covered by insurance carried by these companies and many of them die horribly without enough health care or money to survive properly. And often with these injuries they go from working 20 to 30 years at one company to nothing, no help no insurance to cover their medical expenses and worse. And so often they will die with nothing while they and their families suffer until the end.

This is one reason why after I was 28 I preferred to own my own businesses most of the rest of my life so I wouldn't be one of these victims of Capitalism in big companies around the world. I always wanted to own my own businesses from the time I was 18 but it's tough to wear enough hats to be successful unless you have older experienced friends helping you. So, most people don't succeed at owning businesses without a lot of help under age 25 to 30 unless it is an Internet Business. And even then, you need experienced Internet business owners to help advise you if you are really young with a good idea and don't know the ropes yet. Or if your parents are business people ask them about it.

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