I just came across this post:
“A guy looked at my Corvette the other day and said I wonder how many people could have been fed for the money that sports car cost.
I replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the people who make the tires, it fed the people who made the components that went into it, it fed the people in the copper mine who mined the copper for the wires, it fed people in Decatur IL. at Caterpillar who make the trucks that haul the copper ore. It fed the trucking people who hauled it from the plant to the dealer and fed the people working at the dealership and their families. BUT,… I have to admit, I guess I really don’t know how many people it fed.
That is the difference between capitalism and welfare mentality. When you buy something, you put money in people’s pockets, and give them dignity for their skills.
When you give someone something for nothing, you rob them of their dignity and self worth.
Capitalism is freely giving your money in exchange for something of value.
Socialism is taking your money against your will and shoving something down your throat that you never asked for.”
– Tom Nicholson. Taken from Facebook.
By the time I saw this post, it has been shared over a hundred thousands times.
As a business student, going through micro/macro economics, to consumer behavior, to philosophy, I believe that people make purchase decisions base on their reasons. None of them are wrong, none of them doesn’t contribute to society.
I still remember the “WTF” feeling when I came across Consequentialist Egalitarianism theory in philosophy class. It is a non-patterned end-result oriented distribution theory where everyone being relatively equal no matter who does more or less.
People often criticize those who spend money on something that they don’t see as worthy. Cars, for instance, has always been a big topic. Living in one of the highest living cost city, Vancouver, I often hear people expressing their hatred towards those wealth ones. But hey, spending means someone is getting paid, and the economy is having turnovers. In other words, the workers who produced the car deserves their pay and thus they receive salary which is made possible by the car sales.
The quote just simply pinched my nerve that I had to stop flying through assignments to write this. In order to keep consistency of my posts format, I incorporate some photos from 2 years ago, when Hitomi just got her white coat on.