When did making money become a bad thing?  Making money is the point of business.  What’s the point of running a business if you don’t have any profits?  Sure, I see the value in non profit organizations, but that isn’t what I’m talking about here.  I’m talking about the millions of businesses that provide the goods and services to us all.  We depend on these companies a great deal and we should want them to be profitable.  Being profitable means they will stick around!  We need them to stick around.  I certainly don’t want the oil companies going out of business.  Or the grocery stores, or any of the companies that make my life what it is today.

Capitalism.org writes:

Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.  Under capitalism the state is separated from economics (production and trade), just like the state is separated from  religion. Capitalism is the  system of of laissez faire. It is the system of political freedom.

Sounds good to me.  I’m all for individual rights and private property.

Walmart is often protrayed as evil.  Why?  I just don’t get it.  They are profitable, wildly profitable.   We should celebrate in thier ingenuity and efficiency.  Walmart goes to great lengths to keep costs down and therefore keep prices down.  They are now being rewarded with growth while poorly run companies are looking for bailouts.  Walmart should be rewarded with profits and growth.  They earned it.

I know there are complaints against Walmart.  Dozens of complaints.  I can’t possibly be up on each and every one, but as the world’s largest empolyer it only stands to reason that they would also have the most employee complaints.

People and companies shouldn’t be punished for their creativity and profits.  They should be rewarded!  They should get rich, very very rich.  Apparently people disagree with this idea, but I believe everyone benefits when it’s easy to make money.  Risk should equal reward.  Take big risks, get big rewards.  Take small risks, get small rewards.  When we take away the big rewards from those who take big risks we hurt everyone.  Those who take small risks should not get big rewards.

But on the other hand, when the big risk takers fail, we should not mitigate their losses.  Their losses are theirs and theirs alone.  The people who took small risks should not be subject to the risk takers losses, just as they do not have claim to the risk takers gains.

Pic by: dawvon

Thanks for reading. If you enjoyed this post consider subscribing!

Post Footer automatically generated by Add Post Footer Plugin for wordpress.