CAPITALISM as the LOGIC of BUSINESS

 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