UpAndComing
Veteran
3:30
Capitalism addresses the reality that we have We have unlimited desires but limited resources. It answers 3 questions.. 1) What should be produced? , 2) How should it be produced? , 3) Who should it be produced for?
The video does give a DISCLAIMER that Capitalism is not perfect. But it is the most common sense efficient way to allocate capital, incentivize labor workers, incentivize business owners, and incentivize land owners. Also a great way for Governments to quantify the output of production
So to all of you Socialists and "Late Stage Capitalism" groupies, sorry this system will never end. Better start learning more on how this economic system works instead of living in a fantasy
Even Red China with Mao Zedong was forced to lean back and eventually accept Capitalism



