M
Monte_RCMS
Guest
I would suggest changing the word “distributing” to the word “making” or “manufacturing” or “developing”.I would say that Capitalism can be the most efficient means of distributing material goods and alleviating poverty, but not necessarily so. Like any system, Capitalism can be abused and can lead to a greater discrepency between those with capital and those without. It can also lead to a situation where those with capital have excessive power to influence the world and society, sometimes to the detriment of those who are powerless and have little capital. These flaws need to be guarded against and those who would abuse the Capitalistic system should be held to the rule of a just law.
Capitalism in the U.S. lexicon … different cultures use the same words with different meanings … but in the U.S. capitalism means a system of pooled and/or voluntarily shared resources.
You and I each pool our resources and build a device to convert wheat into flour.
Or we devise a very small machine that can “automatically” bake a loaf of bread on our kitchen countertop for much less than the cost of buying bread in a store.
Or to convert natural gas (methane) to a liquid fuel that can be used by automobiles (methanol).
Of course it MIGHT take more than just the resources of two of us.
But the point is that very few, if any, government agencies have ever demonstrated the capability to devise ANY kind of manufacturing process.
But private individuals DO invent airplanes and they DO invent cell phone systems. And the system of sharing the process … the investment, the actual doing, the risks, AND the profits [or, alas, the losses] is capitalism … American-style.