Capitalism is an economic system based on free enterprise, private ownership,
investment, production and distribution of goods and services at market force
pricing and competition.
The term came about in the 1850's or the beginning of the industrial
revolution.But then you could have looked up the definition on- line.
From: "Bhairitu noozg...@sbcglobal.net [FairfieldLife]"
<FairfieldLife@yahoogroups.com>
To: FairfieldLife@yahoogroups.com
Sent: Thursday, June 22, 2017 9:01 PM
Subject: Re: [FairfieldLife] Poor People Need Not Apply
Define capitalism and how long it has been around.
On 06/22/2017 06:34 PM, Mike Dixon mdixon.6...@yahoo.com [FairfieldLife] wrote:
Fact:Capitalism has generated more wealth that is shared by more people
than any other system on earth, at any time.
Fact:Capitalism has raised the standard of living of more people on earth than
any other economic system. So rich people are sociopaths, eh? Geeez, that
doesn't sound prejudice.
BTW, what defines *rich*?
From: "sri...@ymail.com" <sri...@ymail.com>
To: FairfieldLife@yahoogroups.com
Sent: Thursday, June 22, 2017 4:16 PM
Subject: Re: [FairfieldLife] Poor People Need Not Apply
try to show the slightest shred of evidence for what you claim.
On the contrary, capitalism rewards sociopaths, thats who gets rich.
https://www.scientificamerican.com/article/how-wealth-reduces-compassion
/http://www.huffingtonpost.ca/entry/upper-class-emotions_n_798292
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