As we navigate the complexities of the financial world, this space will serve as our platform to share insights, discuss trends, and explore the policies shaping our economic landscape.
I believe that our society’s wealth can grow only if the people who create it control it. Divorce the financial profits from the control process and the economy stagnates.
It is a fact that millions of entrepreneurs today who have started their companies on relatively meager capital have created obscene wealth thanks to capitalism. Soon they will be knocking on the doors of truly supreme wealth… like their predecessors Bill Gates of Microsoft, Larry Ellison of Oracle, Steve Jobs of Apple and Mark Zuckerberg of Facebook among others.
Yet, you have so many American intellectuals out there who still think there ought to be a law against such a reckless rags to riches. Tax it away, they say, and give it to people who need it more. Capitalism, it is widely believed, would work better without all these superrich capitalists.
America’s entrepreneurs they say live in a world with billions of relatively poor people who command little political power or means of defense where bureaucrats could take their wealth at will. Why on a planet raven with famine, poverty, and disease should this tiny minority be allowed to control riches thousands of times greater than their needs for subsistence and comfort? Why should a few thousand families command wealth far exceeding the endowments of most nations?
I personally believe business is the greatest creator of value in the world. It is fundamentally ethical, noble and elevates humanity. Capitalism unfortunately failed to capture the minds of the intellectuals or the hearts of the people.
All this negative sentiment around “corporations being “evil” is ludicrous. After all, capitalism has largely obliterated so many diseases, boosted literacy rates around the world, increased life spans, and created an era of prosperity unprecedented throughout human history.
What appalls me most today though is how few capitalists write about capitalism and wealth creation explaining to people what it is all about and the benefits associated with it at least if not to inspire the next generation of leaders. A generation whose first duty must be to reverse the public perception of business to take this great country of ours to the next level of greatness in the world.
I think it is high time for the liberal haters of capitalism out there to understand that:
1. All businesses need a higher purpose. Money is not what drives most entrepreneurs. What drives most entrepreneurs is some kind of a dream.
2. Business must create value for everyone that trades with it. We’re so hooked up today to the win-lose dynamic. The most amazing thing about capitalism is that it’s not a zero-sum game. It’s a win-win game.
I sincerely hope this new generation will take a close look at it as the transformation the world needs comes from business, from entrepreneurs and from fresh minds willing to take risks.
Share your thoughts.
Goodbye Washington Establishment October 25, 2024
Kamala Reinvents Freedom August 26, 2024
Why Kamala Harris has no chance August 21, 2024
AI and the destruction of America August 19, 2024
Have you ever thought about our future? August 17, 2024
Have you ever wondered what was the hashtag Reagan Revolution about? August 15, 2024
It’s ALL about Attitude folks August 9, 2024
About today’s new class of bureaucrats who call themselves “elite” August 5, 2024
Freedom or Slavery? Time to Choose August 3, 2024
Bitcoin’s Future August 1, 2024
Unlocking the Biden – Trump Quagmire July 4, 2024
Surviving and Prospering During the Upcoming Mayhem June 27, 2024
When People Have No Idea What They are Talking About…. June 25, 2024
Looking at the Future June 13, 2024
Luminaries at their best June 10, 2024
Money, Power, Control & Crypto June 8, 2024
Are you still looking for Liberty and Freedom or have you given up on it? June 6, 2024
Globalism and the New World Order will not survive May 31, 2024
Can the mismanagement of the Federal Reserve lead to much bigger problems? May 29, 2024
Is the Fed really this mindless? May 22, 2024
The Great American Wealth Creation Machine May 18, 2024
How Illiterate our Financial Press Is May 16, 2024
Are we headed to gasoline prices of $100/Gallon? May 14, 2024
Will Bitcoin determine the fate of the 2024 Elections? May 11, 2024
Is Everything on Social Media Fake? May 8, 2024
Is America headed for a Civil War? May 5, 2024
It’s the Economy Again ….. Stupid April 29, 2024
Why is the US Dollar in Big Trouble? April 25, 2024
Deepening Your Due Diligence Procedures April 20, 2024
Meet the Three “Powerbrokers” behind the Climate Change Agenda April 17, 2024
You own nothing and THEY will be happy April 15, 2024
Assessing Bidenomics track record April 13, 2024
How Private Interests Seized Control of America April 10, 2024
The Art of the Brainwash April 8, 2024
When Envy Meets Stupidity April 1, 2024
My Personal Forecasts for 2024 March 31, 2024
Taking Back Our Country March 30, 2024
Righting the Wrongs of Capitalism March 29, 2024
America’s Existential Threat: How real is it? March 27, 2024
Breaking Free March 26, 2024
Is the Justice Department Killing Capitalism? March 22, 2024
Let’s be honest folks March 19, 2024
Are we Done with the Western World? March 17, 2024
Why Time Has Come to Disobey? March 16, 2024
Revealing the World Economic Forum March 15, 2024
For those of you still rooting for Biden – Let this sink in March 14, 2024
What is the ladder out of poverty? March 13, 2024
What is turning the United States ‘Socialist/Communist’? March 11, 2024
Growing the Economy With a Soak the Rich Tax Plan? March 8, 2024
Which presidential candidate should we vote for? March 6, 2024
Why your business proposals are failing March 1, 2024
Still a Puppeteer to the Puppet Masters? February 27, 2024
Unlocking the Master Code to Success February 24, 2024
An Open Letter to the “Global Elite” February 22, 2024
What is going on with our US Foreign Policy? February 19, 2024
Understanding the Billionaire Mindset February 16, 2024
Renewing Wealth Creation and the American Dream February 12, 2024
When Power Goes to People’s Heads February 8, 2024
Do you have what it takes to pitch to smart money? February 4, 2024
Smart v/s Dumb Money: How do you differentiate January 31, 2024
Why do so many socialists view making money as “Evil”? January 17, 2024
If you are so smart why aren’t you rich? January 12, 2024
Note: The Financial Policy Council (FPC) is a registered 501(c)(3) non-profit organization. This means that your generous donations to support our mission and initiatives are tax-deductible to the fullest extent permitted by law. To claim your tax deduction, please keep a record of your donation, including the date, amount, and any correspondence you receive from the FPC acknowledging your contribution. You should consult with your tax advisor to determine the specific tax benefits available to you based on your individual circumstances.