Author | Thread: Why Free Market Capitalism is Biblical, and Socialism is NOT. |
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Why Free Market Capitalism is Biblical, and Socialism is NOT.Posted : 5 Jan, 2012 08:50 AM"In a free-market system, in order for one to get more for himself, he must serve his fellow man. This is precisely what Adam Smith, the father of economics, meant when he said in �An Inquiry Into the Nature and Causes of the Wealth of Nations� (1776): �It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.� �Free-market capitalism is relatively new in human history. Before the rise of capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving one�s fellow man." |
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Why Free Market Capitalism is Biblical, and Socialism is NOT.Posted : 5 Jan, 2012 09:21 AMJames posted |
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elishabroadway
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Why Free Market Capitalism is Biblical, and Socialism is NOT.Posted : 5 Jan, 2012 02:16 PMgood word brother james |