There are few people in this world who act according to their true nature. The outside world doesn’t effect who they are on the inside. They can’t be bought or corrupted. The vast majority of people on this planet are either chasing pleasure or avoiding pain. Living in a constant state of internal conflict between desires and fear. Carrot or the stick. Risk and reward. Advertising plays on these primal conflicts. In my other posts here and here I wrote about culture and more specifically about the culture behind free market capitalism/voluntarism.
In a system where everyone is equal and people don’t use force to get their way. The only option is to work together through voluntary and mutually beneficial transactions. When societies works together they create abundance. This happens because there is a synergy effect between people.
America's Socialist OriginsLet use a grocery store as an example. In this store there is a bakery, produce department, meat department, grocery department, etc.
- This makes it convenient for customers to buy everything at one place saving them time and money.
- Its also convenient for the suppliers, since they can ship a lot of product to one location cutting costs.
- Employees benefit because they can specialize their labor becoming more productive (earning higher wages) and acquiring experience.
- Employers benefit by simplify by tasks, it lowers the entry bar for new employees.
- The shareholders benefit. Selling a greater variety of products allows them to lower their margins on individual product, bringing in more customers increasing overall profits.
- The community benefits through economic activity, retailers tend to develop around each other.
- People tend to network around retail spaces.
- These are just a few benefits.
When people work together their labor efforts don’t add 1 to 1, there is a synergy multiplier effect caused by complimentary skills. Instead of $10/h worth of work they can now do $30/h. Don’t believe look into assembly lines and how the core concept applies to all fields. Productivity explodes in free market societies.
Amazing Skills Good Team WorkIf people live below their means they can invest their excess capital into the markets earning a ROI. Over time people tend to become more valuable to the markets as they acquire more skills. This leads to increase income and more investments (if they are smart). The point being you might start off with very little market value and net worth in your early years of life only to retire wealthy.
The very nature of free markets drives people to become more productive and to be better versions of themselves. No one wants to do business with horrible people causing them to be more respectful. By reinvesting excess labor, investors can benefit everyone and from everyone. Its a win win.
People have been writing, making videos and podcasts about free markets for years. I may not be able do it justice due to my personal limitations. If you are willing to go down the rabbit hole you will find it makes the world a better place. It pushes us to become the best we can be. It brings peace and stability. The economy grows by people solving problems (creating value). Unlike socialism, free market capitalism benefits society. I think my next post will be about how free markets can solve discrimination.
Current/Former Socialist Countries | How Socialism Ruined Venezuela | Somalia is a failed socialist state, Mises has an interesting article on its recovery here
Calling it now, I think South Africa is next to go down the Socialist Shit hole paradise route.
While "free market" is in theory the best way to operate...the problem is human nature...people find ways to scam the system...not everyone wants to be a "team player"....some people are "lazy" or unable to produce like others...greed creates inequalities...etc...its the reason government systems like socialism and communism evolved...they promised to fix certain extremes that exist in a "survival of the fittest" environment...unfortunately those systems seem to play to the lowest common denominator of "free stuff without effort"...and unfortunately even a "democratic" government..."for the people by the people" ends up becoming self surviving just for its own sake with personal agendas having no consideration of the common good...if we could just get rid of humans...the world would be a better place...defective humans lead to defective civilizations...
That is why I harp on culture of respect. I may not like you as a person, I respect your rights. The upside is you don't need 100% free markets to benefit from them. The more freedom the more prosperity.
Risk, Reward and Respect
In previous article I covered that issue of people not wanting to be good.
Curated for #informationwar (by @openparadigm)
Relevance: Don't let socialists ruin your country.
Our Purpose
I was first enlightened to this fact by this article: https://mises.org/library/great-thanksgiving-hoax-1
If I had the power I would fire every public school teacher and that is being generous to them. Its child abuse the way children are taught in school. Children enter schools curious and excited to learn only leave hating it. The few good teachers would thrive in the private sector. Without public schools there would be huge demand for their services.
Long story short I have a hard time picturing tenure government employees teaching kids government is evil and the private sector can do it better. I guess the plan is to keep them too stupid to learn history.