Capitalism
From MgmtWiki
Full Title or Meme
Ever since Milton Freeman Capitalism has been primarily a widely distributed Ponzi Scheme.
Context
- Capitalism as been through a wide range of interpretations and manifestations since David Hume and Adam Smith. [1] defined an alternative to the zero sum politics of the Feudal age. They were right and an age of capital growth began that has itself gone through many iterations, but remains the dominant way for humans to organize themselves.
- For most of this new age of capital, the capitalists consider themselves to be an integral part of society that shared in the burden of making the entire society healthy.
Problems
The primary problem with Capitalism is human nature.
References
- ↑ Adam Smith, An Inquiry into the Nature and Causes of the the Wealth of Nations (1776-03-09) Went through 5 revisions, some major. A Translation into Modern English, Industrial Systems Research, 2015. ISBN 978-0906321706
