Well, as a capitalist and a free man living in the United States, I realized it was indeed time to set the record straight, and I thought this might make an interesting article for those who are wondering why there is so much animosity in the world, or anti-capitalism going on. Let's discuss this shall we?
He stated to me; "I strongly believe in Class Politic meaning that working class are always undermine in capitalism. Did you ever consider that workers have very limited income whereas rich are wealthy that they don't need their wealth eventually. I strongly believe wealthy should be taxed heavily and after all society main pillar is responsibility."
Well, here we have the Islam reference to one of the "pillars" of society, but in this context, this time, he uses it to trash capitalism. I explained to him that he felt it was okay to and he wished the government to; steal the wealth from those who've earned it and give it to those who didn't earn it right? Still, he proclaims it is the working people who are working and the "rich people" that sit around and make all the money. Anyone who has ever run a business knows that's not exactly correct.
Now if there is a lot of corruption, and economic enslavement going on, okay, he has his view of capitalism, but how it's being practiced there is NOT Capitalism as per the reality of economic theory. He obviously, has bought into the whole scheme of socialism, so I asked him this;
Tell me how much money do you have in your pocket right now? Tell me, now put that into an envelope and mail it to Somalia, Ethiopia, or Kenya, they need it more than you do. Do that right now for me, and then tomorrow again, then next week, and then next month, and then in a year let's revisit this topic from your new found experience. Then he stated that; "There should be income equality among workers and owners. People who are rich have more responsibility than poor."
Yes, okay but if that's the case, then they deserve more money for that burden. And if we reduce the pay to pure equality, then no wealthy person or super smart person is going to bother to build companies. There would be no reward for that hard work, thus, no need to work, because poor people could merely get free money from the taxing of the "rich people" until everyone was poor and there was no one left to tax.
All in all we are having a tough time in the world because folks do not understand what Capitalism really is or how it works, rather they are listening to those who espouse socialism, dictatorships, communism, and various hybrids of such telling them and educating them incorrectly. Please consider all this, because it's time we set the record straight on capitalism and why it's so great and also the horrors which accompany those other forms of socio-economic strategy for human society and civilization.
