Thursday, 29 November 2012

Only Capitalists dislike Capitalism

The only bad thing about Capitalism is that as (knowledge and) technology progresses it becomes more and more difficult to sell things into the market... because things get better and cheaper. It is difficult to compete with (for example) large multi-national companies. We cannot make an aeroplane ourselves which will be better than that which is available in the market. However if we are able to support ourselves and we have our own land then any development such as this is only good for us. If aeroplanes become cheaper then this is good apart from in the unlikely situation where we ourselves make aeroplanes. Capitalism is good apart from in the situation where someone else is selling what we wish ourselves to sell. Capitalism is good apart from the aspect of competition. Competition is bad for us only if we are seeking to sell something ourselves. If we do not have a company in a similar field then Capitalism is never harmful to us and always to our advantage. Only if we ourselves are a Capitalist is Capitalism ever harmful.

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