(This article originally appeared at LinkedIn here) Capitalism Versus Socialism Going out on a limb I would say that the majority who will read this article at LinkedIn or in some other business oriented venue are, in one form or another, capitalists by nature who are trying to maximize wealth and corporate performance while still serving […]
How would you explain, via short story, capitalism versus socialism? Capitalism: ‘a social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objective laws (rule of law as opposed to rule of man). Economically, when such freedom is applied to the sphere of production […]
After an 8.5% drop in the Shanghai Composite Index stock markets around the world recoiled in sympathy! But why, you may be asking, is the world so afraid of the goings on in China? Because while the communist nation has a quasi-capitalist economy, there’s a great deal of difference between here and there when you […]
Bill Gross On The Impact That Low Interest Rates And A Heavy Debt Burden Will Have On Pension Fund Returns! Bill Gross, former head of the PIMCO Total Return fund who oversaw over $2 trillion in assets and is now with Janus, is worth listening to when he speaks! And speak he did in a […]
An entertaining video with a bipartisan cast that provides an excellent comparison of capitalism to socialism! For an economy to grow and thrive it needs to possess certain attributes that incentivize its participants to take risks, innovate and use good old fashioned sweat equity to move ideas and products forward. Of course these same players […]
