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Comment by teekert

Capitalism, at it's core, is the freedom to offer people a deal and at the same time the freedom to reject deals. If you create something of value, you are free to ask something of value in return. Anybody is free to pay your price, to try to negotiate or to say no. Capitalism is a system where created value is distributed with the least amount of compromise to freedom.

Anything else I feel is sick capitalism, Banks repackaging unsustainable mortgages, hiding their inherent risks is not capitalism, it is lying, obfuscating and misleading. It is crime.

Capitalism is someone creating value and others willingly giving up their time and money (their create value) to get that value. Capitalism a beautiful system but it is ill and wrongly labeled in the current world.

parent teekert 10 years ago

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