Economics is not just about making money. It’s also about a chance to be valuable to others, to the world, to yourself. Banking money and showing love can and do exist in a harmonious relationship.
Any political system allowing the government to intercede in the economy will cause a bidding war between corporations and interest groups, which drives an increase in the amount of redistributed resources.
In fact, there is actually far more cooperation involved in providing people with goods and services than there is competition. To accomplish anything in the marketplace, one must cooperate with buyers, sellers, managers, employees, suppliers, customers, advertisers, promoters, marketers, and so on.
One of the most beneficial things anyone can do to help move humanity in a sane direction is to develop a deep, visceral understanding of and respect for the concept of sovereignty. Let this deep understanding inform your life, then let that understanding bleed out into the world.
Development takes root when innovation harnessed to the entrepreneur’s ambition pulls in the resources a society needs to become prosperous. It’s market-changing and life-changing.
Overall, it would appear that Germany acts as the string that keeps the bloc together and should it break, multiple challenges could surface, threatening the future of the Eurozone and the cohesion of the EU.
I suspect the writer didn’t waste much time thinking at all. So much leftist writing is boilerplate—capitalism is driven by greed, narrow-self-interest, materialism, etc. Yet people live longer and better thanks to free markets.
If one person can start thinking and living this way and making progress towards the goal, then another can, and another and pretty soon we have a movement. Let’s at least start contemplating the possibility.
Economists should ask questions that expose the inconsistencies and dubious assumptions that are often at the core of theories that appear on the surface to be unassailable.
Governments, political parties, teachers and writers, militant anti-theists as well as Christian theologians are almost unanimous in passionately rejecting the market economy and praising the alleged benefits of state omnipotence. The rising generation is brought up in an environment that is engrossed in socialist ideas.
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