July 2023 Edition
I spent 2 hours today researching the origins of capitalism and why it's better than any other economic system when compared with Socialism and Communism.
Honestly, what I saw was countless "Pundits" and woke social justice warriors dogging on Capitalism. And attempting to link Capitalism to Slavery, Racism, taking Resources from others, and war.
Truth Be told, I don't know of any country, kingdom, or dynasty - capitalist communist, or socialist - that didn't participate in Slavery, War, or the Taking of resources from others.
This isn't an American problem, this is a Human problem.
Let that sink in...
Every single war is a battle for resources that end in Slavery. We don't call them slaves anymore, we call them prisoners, but the gist is the same.
This is also why there are no wars happening in the middle of the Sahara Desert...Because there are no resources in that desert.
Then it struck me...
There are two common traits that typically separate those who love capitalism from those who think that other economic systems are better
- #1 Extreme Personal Accountability & #2 A Belief in a Creator God
Both of these are rooted in the Declaration of Independence Written on July 4th, 1776
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.
All Men Are Created Equal
All men are created equal means that we all have free will. This means we have the right to choose how we spend our time, and who we spend our time with; and we should not have this right taken from us, so long as we do not break the law.
Don't like your job? Dislike an industry? Think your boss is a racist or a sexist?
Then go start your own. You have just as much right to leave and do it better. No one can force you to stay, you are not a slave.
That said, today it has become the norm to force equal outcomes, over equal opportunity. However, we were never entitled to equal outcomes, only Free Will to choose how we spend our time, and who we spend our time with.
But only those with extreme personal accountability see it this way. Generally, those who think communism, and socialism are better systems have misconstrued this portion of the Declaration of Independence.
As entrepreneurs we get it. We love having the free will to choose how we spend our time, what we spend it on, who we spend it with, and being able to make lots of $ by making an awesome product that adds value to people's lives. And if our customers or employees don't like it, they have an equal opportunity to go elsewhere.
Endowed By Their Creator With Certain Unalienable Rights
Unalienable rights endowed by their creator originates from the Bible.
Yes, we are talking about the "Creator God" of the Bible.
This means you have to subscribe to ALL of the Bible if you want to embrace this truth; not only the parts that serve us. Which means there is only the Truth, God's truth. Not yours and certainly not mine.
- Life - All Human beings are created in the Image of God. You are either alive or dead, free or enslaved.
- Liberty - We can take unobstructed action according to our will within Biblical limits drawn around us by the equal rights of others.
- Pursuit of Happiness: Means “the pursuit of a meaningful life”, of a life that provides a person with a sense of satisfaction that what they are doing is worth living for.
This is why God & Entrepreneurs Love Capitalism. Because created people were designed to create. And creating a company is like art. It delivers a level of satisfaction that can not be matched. In fact, nothing makes God happier than seeing us create, so long as we do not forget the creator.
I'll leave you with this...
America is far from perfect.
But, then again, neither is any other country in the world.
That said, capitalism and entrepreneurship are about as close as you can get to how God designed us.
That's not to say that people aren't gonna suck, take advantage of you, screw you over, or it's going to be easy.
But I'd much rather have the Freedom to make my own way, make my own mistakes, fail, start over, and try again than get caught up in a society that champions equal outcomes over equal opportunity.
No matter where we live in this world, there will be violence, racism, sexism, etc.
But as Entrepreneurs and Creators, we have a chance to change that.
Wishing you a happy Independence Day!
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