A short YouTube video (Capitalism.com) in which Ryan Daniel Moran explains what capitalism means to him: primarily freedom and community. He argues that successful capitalism requires serving a group of people, creating value for them, and building a reputation for being good to others — which in turn leads to greater prosperity.
The word capitalism matters to me because it means two things. It means freedom. It means community. Now, the.
But if you think about it, in order to be successful as a capitalist, you need to have a group of people that you serve. You need to actually care about them and create value for them, who are only rewarded to the extent of the value that you bring to them. And it requires that you build a reputation of being good to the people around you in order for you to succeed, or eventually you get flushed out. Capitalism is the freedom to pursue it at whatever you want, but when you pursue the contribution to the rest of the community, it's actually when you prosper the most.
