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RE: Capitalism Defined

in #liberty6 years ago

Great article! I also like to point out that capitalism, at its heart, is a system based on capital, which is a resource that has been saved. It's more than just planting a seed and consuming a vegetable. It's planting several seeds, consuming some of the vegetables, and saving others for trade... this is the cycle of dynamic wealth creation, rather than just static production and consumption. I love your final thought that capitalism will always find a way... just like life does!

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