I like your take on this. I know you focus on personal finance, but the points you make deserve wider circulation. (Political)
As a one-time free-market capitalist, I now struggle to accept capitalism as "the only way." Some things just aren't best served by capitalism. I'm glad you pointed out that there is no pure economy, capitalist or socialist. I believe there has never been.
It's not that I'm uninterested in politics, but rather that it has become so pervasive (and polarized) that I imagine anyone interested in engaging already knows where to go. Instead, I try to acknowledge the reality of what is in place today and what actions individuals can take.
I'm fairly pragmatic and recognize there is no single "right way" to live. Since we all have difference risk tolerances, it's completely rational for someone to prefer a lower ceiling but higher floor than me. Many would give up the chance for higher take-home wages if it meant guaranteed job security, healthcare, and a pension. That wouldn't be my personal choice, but I respect it for others. I certainly don't see Sweden, Denmark, or Norway as terrible places to live.
Politics today is the consumerism you write about. It is a huge industry whose purpose, like all of pure capitalism, is growth and income generation. In any event, I appreciate your perspective here. Keep it up.
I like your take on this. I know you focus on personal finance, but the points you make deserve wider circulation. (Political)
As a one-time free-market capitalist, I now struggle to accept capitalism as "the only way." Some things just aren't best served by capitalism. I'm glad you pointed out that there is no pure economy, capitalist or socialist. I believe there has never been.
It's not that I'm uninterested in politics, but rather that it has become so pervasive (and polarized) that I imagine anyone interested in engaging already knows where to go. Instead, I try to acknowledge the reality of what is in place today and what actions individuals can take.
I'm fairly pragmatic and recognize there is no single "right way" to live. Since we all have difference risk tolerances, it's completely rational for someone to prefer a lower ceiling but higher floor than me. Many would give up the chance for higher take-home wages if it meant guaranteed job security, healthcare, and a pension. That wouldn't be my personal choice, but I respect it for others. I certainly don't see Sweden, Denmark, or Norway as terrible places to live.
Politics today is the consumerism you write about. It is a huge industry whose purpose, like all of pure capitalism, is growth and income generation. In any event, I appreciate your perspective here. Keep it up.