Monday, February 06, 2006

 

Freedom

Freedom
Free-market capitalism is based on freedom. Everybody has the opportunity to make money equally without government registration. Everybody can have his profits from business; everybody has right to be happy according to individual ability.

I agree that Wal-Mart has the right to move into Carbondale-Murphysboro because America is based on free-market capitalism. Considering the 'freedom' of America, it is natural to make money by their free will, even though it makes a serious problem of losing profits; furthermore, it makes a social problem such small shops disappearing in the local market. Adam Smith explains that an invisible hands controls the price of market without regulation of government. It is possible to explain that the rule comes from controlling demand and supply in the market by invisible hand.

Basically capitalism is freedom. Freedom is the most important value in the U.S. through the history of business in the U.S. According to the Bill of Right, the government can not make control of the people. The ancestors of America came for freedom avoiding regulations from power of a specific class. If you have desire to earn money with your capital, it is ok, because that you have the right to do that. It's capitalism. So the government should not prevent Wal-Mart's marketing strengths such as low prices and convenience and the right of consumers who want to buy anything, anywhere if they want.

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