How Wall Street Destroyed Capitalism – Part 1

“Capitalism is an economic system based on the premise of property rights, the rule of law, and free markets, which allows ANY individual the opportunity to create wealth. In other words, as John Mauldin, once penned:”

“Properly understood, it provides a level playing field for entrepreneurs to offer goods and services that produce incomes and profits. I don’t think equitably distributing those profits is capitalism’s role.

Ensuring that all participants are treated fairly and, to some extent, regulating these personal and corporate endeavors is the role of society in general and government in particular.

So when you say that capitalists are not very good at sharing profits, I would say that capitalism is not designed to do so.”

https://www.zerohedge.com/markets/how-wall-street-destroyed-capitalism-part-1

SEE:

Jesus and Paul talked much about money! Who turned over the money changers in the temple (His Father’s temple)?

 

New Testament contains 215 verses pertaining to faith; 218 pertaining to salvation; and 2,084 dealing with money matters

 

“Monetary Inflation: An Economic and Ethical Evil”

 

How Central Banking Increased Inequality

 

Central Bank “Stimulus” is Really a Huge Redistribution Scheme

 

Central Banks’ Forecasts Are Basically Garbage