Monday, February 14, 2011

Capitalism

In capitalism, business owners don't particularly care about their customers. They don't care if their products that they sell to them help them in the least bit. All that the business owners care about is the money that the customers give them! In capitalism, money is invested in business ventures with the goal of making a profit. The creator of capitalism was Adam Smith. Another term that is said with capitalism that comes from the french, is laissez-faire, meaning "let them do as they please". But, another one of capitalism's focuses is individual rights, hence the term laissez-faire. Capitalism is actually what we practice today here in the United States!

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