Thread: Capitalism
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Default 02-18-2008, 06:57 PM
Quote:
Originally Posted by bhamlaxy View Post
You're example is pretty bad. 50 years ago, televisions weren't as popular, were more expensive (with inflation taken into account), and the technology wasn't as widespread.
(note: i wish i knew better about quoting)

Anyway, i wanted to make a point that your comment proves about the benefits of capitalism. How do you think my example is bad? OF COURSE televisions weren't as popular 50 years ago. The average worker had to work several weeks in order to afford one. They just weren't affordable to everyone so not as many people had them. However, because of capitalism and those suited old men who only wanted to turn a profit, televisions grew cheaper and the quality improved dramatically. The average american worker can afford a television on less than a days work and the vast improvement in quality and longevity is immeasurable. Who would invent the television under a communist system? Without self-interest as a driving force, what is the motivation to work hard and come up with this new invention? IF they are invented, would the government step up and realize "hey, this thing is a great invention, lets make millions of them and sell them really cheap. Not only that, lets work even harder and make the picture better, the unit smaller, and make them last longer. all the while keeping the prices low." The answer is no.

You cannot change human nature. Capitalism is the only system that embraces it and the world we live in today is better off because of it even when taking into effect the people burned by the abuses that some of us falsely attribute to it.
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