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Understanding Global Capitalism: The Entrepreneur's Guide to Wealth Creation
Understanding Global Capitalism The Entrepreneur's Guide to Wealth Creation Author:Adam Starchild Capitalism has built the modern world. Although there are some who would dispute that claim, it is clear, at least for those who examine the facts without bias or political intent, that economies based on capitalism are stronger and expand at a faster rate than other economic systems. This fact has been well established throughout history. ... more » At its simplest and purest, capitalism is an economic system in which private individuals and companies produce and exchange goods and services through free markets. Many political leaders hope to influence their people via the economy, they may attempt to protect domestic business from foreign competition, or they may try to increase revenue with tariffs or export duties. That these types of objectives usually only hinder economic activity over the long term is frequently ignored, lost in the rhetoric about social considerations and goals. Of the many factors that can affect how the capitalist spirit develops in a country, one which is often overlooked is that of entrepreneurship. In lands where capitalism is unfettered by unnecessary regulation and where entrepreneurship is dynamic, impressive economic gains and advancements can be expected. Entrepreneurship is perhaps one of the greatest driving forces of capitalism. Indeed, the two are inseparable. Most people can only dream about becoming wealthy. They have all the wrong ideas. Only a certain portion of the world's population ever achieves wealth. Even in the United States, only a few get wealthy. There is a reason why only a few people produce most of the wealth in the world. It's because the majority of people have no interest in taking charge of their future. They keep waiting around for someone else to do it for them. Only those who are accustomed to taking charge of the world around them, and creating opportunities for themselves, will see the advantages of entrepreneurship. Prosperity for the individual is the only real way to benefit society. Your personal success will do more to improve the world than hundreds of bureaucrats and their useless regulations. Consider what your world might be like should you be given the power to do exactly what you wanted to do with your life. We ask you to dream. Expand your personal horizons to include all the world — not the limited world you may have known most, or all, of your life — but the world beyond and all its infinite possibilities.« less