Book Recommendation: Capitalism

Quote by Karl Marx

“Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.”

Publication Date: June 15, 2005

Publisher: Icon Books Ltd

Page Number: 176

There is a more current version of this book and either provides a good overview of capitalism. This type of economic system is similar to a machine. If it isn’t well oiled and adjustments aren’t made at different time, the success of capitalism wanes. From personal innovation and flourishing business, the connection to production and profit is clear. In theory, everyone has the ability to gain capital, own property, and sell and buy products. In reality, not everyone has the means (resources often in the form of money) to reap the economic rewards of living in this type of economy. For most of us, we trade our time and labor for support ourselves. The wages we earn often only cover not much more than the essentials and a few extras along the way. I’m not talking extravagant trips to pricey locations. The discussion of intervention, restrictions, and criticism is included as well. Capitalism is not a perfect system, very far from it, but I do think it can be even more beneficial once wealth is distributed more evenly. We all want a roof over our heads and food to eat, but we also want to enjoy the nicer parts of life denied to many of us. I mean not having to compromise yourself so you can eek out a little better life.

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