Capitalism – how the world becomes wealthy

There is only one way a community can become prosperous and that is if the government backs away and lets those who wish try to become personally well off by producing goods and services for their fellow citizens.

Nothing else works. The government and the rest of the community must let the productive get on with their putting together their productive efforts and the government must stand back and let them get on with it.

This is what went on in the West from around 1750 till around 2000. There was plenty of grumbling and the rise of socialism to try to stop it but it did succeed. The process has now been brought to an end although some of the previous momentum does remain.

But it’s the only way it can occur, While the rest of the population resents the accumulation of personal wealth by these entrepreneurs, neither the elites, nor the government tries to stop entrepreneurial inventiveness but just lets it happen.

While it might continue at the present, there are now too many who wish to bring it all to an end. and have worked out how it can be halted. The vast majority will not let others become rich through entrepreneurial effort. I may be wrong but if it has been halted, it won’t come back for a thousand years and perhaps more.

Governments will not leave things alone nor will the population let them.

2 thoughts on “Capitalism – how the world becomes wealthy

  1. I had to join the CFMEU and pay hundreds of $ each year.. they shut down job sites in which I didn’t get paid for that day. They did nothing for me and ignored me when I asked for appointment. One union guy even shouldered me in a walkway cos I started to stand up against them.
    They’re thugs.

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