Capitalism and Welfare
There is a story, credited to Tom Nicholson dated Oct 13, 2016, that pops up from time to time. It goes like this:
A guy looked at my Corvette the other day and said I wonder how many people could have been fed for the money that sports car cost.
I replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the people who make the tires, it fed the people who made the components that went into it, it fed the people in the copper mine who mined the copper for the wires, it fed people in Decatur IL. at Caterpillar who make the trucks that haul the copper ore. It fed the trucking people who hauled it from the plant to the dealer and fed the people working at the dealership and their families. BUT,… I have to admit, I guess I really don’t know how many people it fed.
That is the difference between capitalism and welfare mentality. When you buy something, you put money in people’s pockets, and give them dignity for their skills.
When you give someone something for nothing, you rob them of their dignity and self worth.
First of all, it’s absolutely correct about capitalism. We work, we spend money on items and services that other people worked on, and everyone gets paid. It’s a good system when it’s not abused.
Where the story is wrong is that it perpetuates the myth that people on welfare are lazy bums mooching off the system. It’s a myth many people perpetuate to justify selfishness and/or greed.
If you think charity should/could do it all, please read
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