1. Humans are intelligent beings and as such their capacity to desire fine things is unlimited 2. Humans collaborate with honesty and integrity to build businesses, which fulfill needs at every level 3. In a rational world, all exchanges of goods, services and labor happen voluntarily and to the mutual benefit of all 4. The capacity to harvest resources from the earth and the universe is limited only by human ingenuity 5. In a political environment where enterprises, workers and consumers are free to deal with each other without coercions there would never be recessions, depressions or any economic crisis that could not be rapidly mitigated by rational cooperation. 6 Dishonest, poorly run businesses rapidly fail in a free enterprise system, with the effects of such failures minimal 7. Long term economic down turns, booms and busts and looming economic crises are directly caused by government intervention into the affairs of human beings who would other wise prosper perpetually and rapidly without such intervention
History supports these notions magnificently.
Michael Malgeri is the creator of the “Johnny Profit” series of children’s books, which teaches young people about Capitalism. He authored H.R.422, a Congressional Resolution that creates awareness of the superiority of Capitalism as an economic model. He’s also involved in projects that spread Capitalist ideas to the young people of Africa. Please visit his website at www.Kids4biz.com