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Old October 2 2012, 12:43 AM   #26
iguana_tonante
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Location: Italy, EU
Re: Can Capitalism be replaced ?

Carcazoid wrote: View Post
Capitalism encourages entrepreneurship and innovation. Profit potential motivates people to build and grow. Competition prods entrpreneurs to stay one step ahead.

Everything we have in the modern world was built either directly or indirectly through competition in the marketplace.

There is no better system ever conceived by humans.
Slavish devotion to a single ideological worldview is rarely healthy, and usual counterproductive, because it stiffens innovation and suppresses entrepreneurship through the elimination of competitive forces.

A capitalist, especially a capitalist, should know that.

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Last edited by iguana_tonante; October 2 2012 at 01:01 AM.
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