DJ Tap N Dat
Aug 28, 2017 · 2 min read

While not perfect, Capitalism has proved to be the best economic system capable of providing the greatest efficiency and effectiveness at providing the most opportunity and highest overall standard of living to the most people.

“Technically, the Earth is every creature’s inheritance but we in our late modern wisdom have conceded that only a select handful of people will get to profit from its resources.” This is just stupid and naive. For example, who is fed from the field that no one chooses to plant? Who benefits from gold that no one mines? Who travels to a job on oil that no one pulled from the ground? Who travels without limits on planes or cars that not one chose to build? Who lives better due to medicines that someone did not create?

The earth is full of resources . Resources have almost no value until someone puts forth the effort, time, risk and innovation to transform those resources into a usable form. How many raw, uncut diamonds adorn your fingers? Access to these usable resources benefit the individual transforming them but they also benefit virtually every person in society through increased access, increased supply, and decreased cost. Without these mythical ‘Few wealth people” from whom we would not have the transformed resources that make opportunity possible for most, pay the majority of our taxes. They provide the capital for most of our businesses which provides our pay checks or health insurance, our 401K’s and so on. Do you get a lot of those things growing your own corn and sheering your own sheep to make yarn for clothing? Envy is regarded as a deadly sin specifically because of how you view “the wealthy”. You view them as an adversary who is somehow taking something from you. If Bill gates makes 10 billion dollars it will not impact your life at all. If Bill loses 10 billion tomorrow it has no impact on your life at all unless he stops making his software or employs you. In the end you have indirectly benefited from Bill Gates innovation and success through the new markets, access to information, product innovation and jobs created by him. What have you ever done for him besides project your failure to be able to similarly innovate?

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