Community post
Dead Economics
Capitalism rewards those with capital. It takes money to make money. 
Observing an American version of capitalism for all of my life has poisoned my perspective. Those born without capital must try to earn their way. They however are at the mercy of powerful bosses who usually have alternative motivation.
The poor are easily consumed in various levels of slavery like circumstances. An alternative to slavery is a career in sales. Can you expect honesty to flourish in sales or slavery?
A person who attempts to live by the ‘golden rule’ will never succeed in this environment. Capitalism is soon to be rejected. The death of fiat currencies will hasten this change.
What will motivate individuals to produce quality?
Motivation comes from the ‘carrot ‘ or the ‘stick’. Rewards or punishment.
Teach your children well.
Replies (6)
Capitalism will fall due to the imbalance of distribution of wealth. It’s crumbling as we speak!
Aloha @doctorjohn!!
since 1913, it has been communism - they just switched the names, and people fell for it.
This has nothing to do with capitalism.
Communism = centralized means of production.
Central banks = centralized means of producing money.
You control the money supply and the value of money you have communism, just with a mask on.
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Long time, no see.