Capitalism is merely the exhange of one thing of value for another:
- time for money
- money for a service
- money for a product
We purchase only that which we value (regardless of it is something that is a want or something that we believe is a desperate need). That is capitalism. A transaction that we voluntarily enter into because, as the video says, we think we are getting something more in value than what we are giving (or at the least, when all of the tangibles and intangibles are factored in, equal value).
Progressives say that capitalism is immoral. They are wrong – the actual transaction has no morality attached to it at all; it is amoral. Morality is an attribute of people, not of economic transactions. What we do afterards with the product or service as a buyer, what we do afterwards with the money as a seller, is a personal decision made from our sense of what is moral or not. And to tell you the truth, when I pay for a Mountain Dew, morality plays not a tiddle – I’m just thirsty.
The Socialists and Communists will always try to associate greed with capitalism. They pervert the capitalist system in automatically believing that the seller is guilty of some crime and thus, immoral. The buyer is always the oppressed, and thus a victim and therefore, oppressed.
But next time you talk to a hard core socialist, ask him about the person buying rat poison to kill their lover. Betcha they’ll still convict the seller, but it may give them heartburn and a headache.
Anyways, they’re wrong – and misleading – and you’ll know it as soon as the word "greed" is uttered. However, greed has nothing to do with the money; it is everything about the person. Capitalism is amoral – morality is all about the character of the person.
Remember the phrase "Power corrupts, and absolute power corrupts absolutely"? Pretty much, it is a statement applied to those seeking power – and please note that while capitalists only want money (for which they must provide something of value, or we can refuse to give them our money in exhange), those seeking power only have to game the political system.
A capitalist better serves peoples’ needs so as to have people give them money. Which they will use to create more to sell (which they can do ONLY if it meets a need of potential buyers).
Most politicians seeking power, however, can only use power for one purpose – to control the behavior of others (it’s an addiction – they can’t help themselves). So ask the Socialists why they rail against capitalists, when they should be railing against power hungry politicians.
Which, most of them are.
And then to really wind them up – if they really have gotten torqued up over that last sentence and say that they want to just "return power to the people" sweetly ask them "Then you are in favor of the TEA Party folks, as they only want to vote for politicians that will decrease the size of government?"
Then stand back as their heads explode.