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I think you would agree:
Capitalism .. leaves every man free to choose the work he likes, to
specialize in it, to trade his products for the products of others, and go
as far on the road of achievement as his ability and ambition will carry
him. His success depends on the objective value of his work and on the
rationality of those who recognize that value. When people are free to
trade, with reason and reality as their only arbiter, when no man may use
physical force to extort the consent of another, it is the best product and
the best judgement that win in every field of human endeavor,and raise the
standard of living - and of thought - ever higher for all those that take
part in mankind's productive activity.
Ayn Rand from "For the New Intellectual"
As for charity, no man has a claim on another. If one chooses to give to
someone worthy of help in a volunteer manner, fine. But it should not be
forced by the STATE. It should be given for the person's or group's
strengths rather than their flaws.
Richard Estes
-----Original Message-----
From: Greatelto <Greatelto@xxxxxxx>
To: altag@xxxxxxxxxxxx <altag@xxxxxxxxxxxx>; metastock-list@xxxxxxxxxxxxx
<metastock-list@xxxxxxxxxxxxx>
Date: Tuesday, January 13, 1998 2:09 PM
Subject: Re: Capitalism
>Al....
>
>You are talking only about trading.....which is a miniscule part of
capitalism
>and creating wealth. You may trade a stock and win while someone else
takes
>the other side and loses. But capitalism is more than that! Somebody
founded
>the company, developed a product(s), created jobs (which did not exist),
took
>the company public (investors hopefully made money)....in essence created
>wealth which helped expand our economy. You merely traded the
stock....there
>is a hell of a big difference.
>
>I know what you and Harley are talking about. I just happen to think that
you
>both have very narrow opinions about creating wealth. Making a winning
trade
>is more like transferring wealth between two parties. I consider creating
>wealth within our capitalistic system as described above.
>
>Jerry
>
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