Dec 27 , 2020
Yesterday i shared my own definition of CAPITALISM with a friend on Twitter ,
He liked it very much ,
IT happened via Messages on Twitter at 3:02 to 3;35 pm
So , the day after Christmas 2020 , i became a Philosopher and it was the best day I had in recent months >>>>>>>>>>>>>> Today is Jan 10, 2021
I just noticed that i did not give my definition of CAPITALISM which i defined a few months ago.
CAPITALISM is THE LOGIC of BUSINESS .
It is simple and basic but correct and can be true in all NATIONS .
I could say IT IS HOW EVERY Business Person THINKS
Business people can practice that logic in a GREEDY way or in a FAIRER way .
The GOAL has to be to PROFIT otherwise the BUSINESS FAILS and with it JOBS are LOST.
I THINK this LOGIC IS NATURAL .
>>>>>>>>>>>>>>>>>>>>>>>>>
THE PRACTICE of CAPITALISM CAN BE FAIR UNFAIR or LESS or MORE FAIR
AS HAS been heard in AMERICA ,
There is what has been called CRONY CAPITALISM . Many consider this bad form of Capitalism.
So, i figured i have to find another ADJECTIVE to describe a GOOD form of CAPITALISM .
So how about naming it DEMOCRATIC CAPITALISM ?
To update on this Jan 10 , 2021
A
