I call crony capitalism where you take money from successful small businesses spend it in Washington on favored industries on favored individuals picking winners and losers in the economy that's not pro-growth economics. That's not entrepreneurial economics. That's not helping small businesses. That's cronyism that's corporate welfare.
A system of capitalism presumes sound money not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings not credit creation by a central bank.
Corporations consumers and citizens must begin acting in concert to create a powerful third pillar of social transformation if we hope to meet the social challenges we currently face with equal force. This begins with corporations that choose to alter how they practice capitalism in two ways to serve the greater good.
The best thing that ever happened to me is that nothing happened in writing. I ended up working for engineering companies and that's where I found my material in the everyday struggle between capitalism and grace. Being broke and tired you don't come home your best self.
The great and abiding lesson of American history particularly the cold war is that the engine of capitalism the individual is mightier than any collective.
Gluttony might be innocuous were it not for the fact that gluttons tend to disregard whether their self-serving behaviors harm anyone else. We don't need to look far and wide to find examples of gluttonous behavior as they are numerous throughout the history of capitalism.
There's definitely evidence that capitalism at its most ruthless rewards psychopathic behavior. When you look at the worst corners of the American health insurance industry or the sub-prime banking market it really feels like the more psychopathically someone behaves the more it's rewarded.
If I were a capitalist I would not give my employees health insurance with no deductible which I do including dental and paid pregnancy leave. That's not called capitalism that's called being a Christian and someone who believes in democracy so that everyone should get a fair slice of the pie.
Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
Doing well is the result of doing good. That's what capitalism is all about.