What Are The Most Overrated Parts Of Capitalism?

Freedom. For most of capitalism depends on a pretense of freedom that, in actuality, is an assault to freedom to each his own. In the words of Goethe:

None are more hopelessly enslaved that those who falsely believe they are free.

The notion that an airline can charge you a premium in the summer or during the gay pride parade to fly to a big city you always fly to is the opposite of freedom, for the airline relies on few alternatives available to the purchaser to increase the price of the ticket. This is not freedom, nor does it build trust in their institutions.

The very foundation of our Stone Age implementation of capitalism is based on a grand scale and carefully manufactured deception of freedom. For a genuinely free marketplace relies on evolving pricing mechanisms when there is unlimited supply conjoined with infinite demand. With, in the case of an airline, means the price fluctuates based on the quality of service and markup of operating expense, not based on a finagling of artificially restricted supply.

Voodoo economics yields the opposite of freedom, with its feeble supply and demand theories. We must unlearn and divorce its voodoo to realize what the foundational principles of freedom genuinely are.

Join Georges October 27-29 in London, at the 2021 Climate Change Forum.

Let’s lead the world by example with new rigors of excellence we first and successfully apply to ourselves.

Subscribe | Donate | Zoom | Follow:

Click to access the login or register cheese