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Politicians speak often about income ine******y.
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Jun 29, 2019 19:21:39   #
Radiance3
 
It is true that Capitalism is the force where freedom is used to the fullest extent.
What are the factors that require Capitalism to succeed?
1.. Freedom. Capitalism requires a free market economy to succeed
2. The ingenuities and desires of the people to innovate, invent, create.
3. Wisdom and knowledge utilized to the fullest extent to arrive at that desired results.
4. Desires to work hard, accomplish, and succeed.
5. In Capitalism, private entities own the factors to produce. These factors are Entrepreneurship or Ownership, Labor, natural resources, and capital goods. The Ownership or Entrepreneurship exercise control through various ownerships like corporations, single proprietorships, or partnerships.

In Capitalistic business industries, the owners exercise control of production. The owners desire successful results through market profitability. The owners control the supplies, the public controls the demand of their products.

In Corporation the stock holders are the owners of the company. A corporation is considered a separate and legal entity distinct from stockholders. A corporation has the legal capacity to sue, and be sued.

In a free society like the United States, everybody could exercise capitalistic ventures on various ways.
Single Proprietorship, Partnership, or corporations. Each of them has its own legal capacity and legal guidelines how to function according to law of the book set for them.

Each business activity has each own unlimited potentials to grow and expand. Demands of their business industries depend upon the innovative ideas, quality of their products and services, how to attract customers in the free market, the laws of supply and demand commands the price of the products or services.

Most countries of the free society have engaged in Capitalism. Europe, Australia, Canada, and the United States are the models that succeed on capitalistic enterprises.

Even China, a c*******t country, engaged in the Capitalism because they are aware of the advantages and great potentials to advance their economy.

Capitalism has made America, the richest and most powerful country in the world.

Socialism, C*******m are the antithesis of freedom and Capitalism. The Socialist and C*******t are ways where the government owns and exploits the people. None among them Socialist or C*******t countries excel in the freedom to utilize their peoples' potentials and initiatives.

The democrats however tend to favor government control of their economic activities via Socialism or C*******m. That is what they are now reciting during their debates at present. America, please get rid of them in the 2020 e******n. They are dangerous to our economy.

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