CAPITALISM
CAPTALISM MADE SIMPLE.
This is taken from many sources and I thank them. This is not the best, nor the most comprehensive explanation. It is made for many to understand.
Capitalism started after the kings and queens lost their power to those that made things or provided a service. God no longer liked the aristocrats better than other groups. This new group were owners of farms and early factories along with small shops. The hero of all this is the small business owner. In many ways this group to the super rich are called capitalists. The rest of us even with some great titles and responsibilities are called workers. Small shop keepers often live like workers
As time goes on the rich capitalists become more concentrated so that fewer and fewer have more and more money. Money that comes from managing and owning factories is called dividends. Money coming from working for capitalists is called wages. Capitalism promises that we all get richer and richer if capitalism in a country grows. It works best when it is left alone. Social security, Medicare, Obama care are a hindrance. Sooner or later, we all grow. Regulators that check to see if there is filth in a can of food just get in the way. As we grow, we live long, happy, and free lives. The market takes care of itself.