It seems to me that at the very core of capitalism is greed, selfishness, and vanity (1 Tim 6:10). If you can build a better mousetrap, you can make more money. If you can make more money, you can buy more things, potentially live more comfortably, and attain a perceived higher status. If you make enough money, you can go back to being lazy (early retirement), or have someone else run the company while you play.
On the plus side, capitalism creates incentive, incentive breeds competition, and competition breeds innovation. Capitalism motivated by a base nature of greed, selfishness, and vanity, is the counter weight to another base nature component of selfishness...laziness.
So here is the crux of the matter. Capitalism is inherently shortsighted. It’s about making as much money as you can as fast as you can. It’s about you, it’s about now. That makes for lousy planning for the future and future generations.
Have you ever witnessed an incandescent light bulb glass break while it was turned on? The now exposed element burns very bright for a couple of seconds before burning up and going out. That is my analogy of capitalism. Societies built on capitalism can indeed burn brightly for a moment in time, but then they will fall.
On the plus side, capitalism creates incentive, incentive breeds competition, and competition breeds innovation. Capitalism motivated by a base nature of greed, selfishness, and vanity, is the counter weight to another base nature component of selfishness...laziness.
So here is the crux of the matter. Capitalism is inherently shortsighted. It’s about making as much money as you can as fast as you can. It’s about you, it’s about now. That makes for lousy planning for the future and future generations.
Have you ever witnessed an incandescent light bulb glass break while it was turned on? The now exposed element burns very bright for a couple of seconds before burning up and going out. That is my analogy of capitalism. Societies built on capitalism can indeed burn brightly for a moment in time, but then they will fall.
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