Free Republic
Browse · Search
General/Chat
Topics · Post Article

This is the single best article on the beauty of Capitalism and the evils of Obammunism (crony socialism) that I have seen written in recent memory.

here is the money shot: "Now, to be sure, there are plenty of Americans who are firmly convinced that we would all be better off if we grew our own food, bought only locally, kept firms small, eschewed modern conveniences like home appliances, went back to using only natural products, expropriated wealthy savers, harassed the capitalistic class until it felt itself unwelcome and vanished. This paradise has a name, and it is Haiti."

GO READ THE ENTIRE ARTICLE - IT IS LONG BUT WORTH IT

1 posted on 12/13/2012 9:19:58 AM PST by Mr. K
[ Post Reply | Private Reply | View Replies ]


To: Mr. K

Even on the best of days, there simply is not enough food to serve all the hungry in Haiti.

And for sure, there is not sufficient funding to do this on a continuing basis.

Haiti is just unable to grow food in self-sufficient quantities, first because they don’t know HOW, and secondly, because they end up eating all the seed corn before it even gets planted.

Even when some of the corn does get planted, it is taken up and eaten long before it is mature.


2 posted on 12/13/2012 9:50:14 AM PST by alloysteel (Bronco Bama - the cowboy who whooped up and widened the stampede.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Mr. K
I agree this is an excellent exposition of a capitalist economy. However, there's another point buried in here. Economists object to counting both capital expenditures and consumption in calculating GDP. The claim it's double-counting, and they're right. But this means GDP ignores capital spending, and focuses only on final consumption. This leads politicians, and Keynesian economists, to think that spending on consumption is what drives the economy. See for instance, those congresscritters who say that unemployment compensation stimulates the economy, because it all gets spent. Failure to invest in "roundabout" production, that is making the tools to make the tools to make the tools, etc., means that final consumption is limited to what can be made directly. Haiti shows where that leads. Unless there is investment in mining iron ore and making steel, there won't be any automobiles to buy.
4 posted on 12/13/2012 10:08:45 AM PST by JoeFromSidney ( New book: RESISTANCE TO TYRANNY. Buy from Amazon.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Mr. K

Open Society Soros organizations, the United States government and many other sources have

spent billions

in Haiti

over MANY years.

Population control, having women virtually married to the State instead of husbands, contraception, keeping globalist-friendly people in positions of influence in society, being able to sell billions in goods from U.S. big business financed by U.S. taxpayer dollars, limiting the spread of solid Biblical preaching and consequently, truth, limiting the ability of Haitians to pull themselves up by their own bootstraps, making them reliant on aid, loans, etc.

That’s what it’s about.

Haitians stay dependent and deceived without building on the foundation of the Bible. For instance, the idea of people distrusting and actually hating wealth: this is classic covetousness.

They really need a mental “step back” and to start from square one to gain an understanding of how to work smart.

The Pilgrims arrived in America destitute, about 1/2 of them died the first winter for disease, exposure and lack of food. But they were able to build using what was in their hearts and minds. Without that “stuff”, there is no hope of getting anywhere. And the globalist and the do-gooder tax-credit-seeking rich folks don’t have that “stuff” to offer.


5 posted on 12/13/2012 10:12:51 AM PST by PieterCasparzen (We have to fix things ourselves)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson