Capitalism: Blessing or Curse?
What makes our country great amidst all of the negative things that we may experience as humans and citizens in this country is Capitalism. What is Capitalism? Well, Capitalism is an economic system based on the private ownership of he means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor. That is Wikipedia's definition. I guess that my own definition of Capitalism in lay-men's terms would be that, Capitalism is an American economic practice and ideal that allows any human being in the United States to work towards their own self sufficiency.
The reason that I asked the question, if Capitalism is a Blessing or Curse is because this morning I learned through a YouTube video that Capitalism creates two things. Capitalism creates wealth and Capitalism creates envy.
Now, our country, The United States of America has a economic system that allows any and every human being to create his or her own wealth, based upon their own efforts, but that same wealth that you our I work to create from our own efforts and ambition has the power to create envy, which is totally mind blowing to me.
I never understood why people are envious towards someone that worked hard to make there lives better. Therefore, I understand why people are afraid to fail at building wealth or a business because some people live in fear of being criticized for having a desire to do something good for themselves.
In my conclusion, always remember that we live on a planet filled with abundance and our creator wants us to live in abundance. The question is, are you strong enough to live and stand in the blessings that you have the power to create among the haters that may arise against you? Think about it......