Economic Trinity

There are only three real philosophies:
1)  Capitalism: which says what’s mine is mine;
2)  Communism: which says what’s yours is mine;
3)  And what Christ says: what’s mine is yours.
—  George Smith
.
On This Day In:
2013	At Both Ends
2012	Holding Allowance
2011	The Power Of Good

Read Full Post »

Which Is It?

When I feed the poor they call me a saint.  When I ask why so many people are poor they call me a communist.
—    Brazilian Roman Catholic Bishop Dom Helder Camara
.
On This Day In:
2013	Making You Stronger
2012	Sick Of Being Sick
	Greater Than Power
2011	Clear, Specific And Measurable
2010	The Runner’s High
	Into The Dark…

Read Full Post »

And Never Will

Communism doesn’t work because people like to own stuff.
—    Frank Zappa
[The problem is there are “common goods” (air, water, public areas) which are owned by all, but which are being monetized for the benefit of the few at the expense of the many.   —   KMAB]
.
On This Day In:
2012	The Human Adventure Continues
2011	Almost Never

Read Full Post »

Contribute = Paying Taxes

The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
—    Adam Smith
From his book:  “The Wealth of Nations“, 1775
[From each according to his ability sounds suspiciously like Communism to me.  Obviously, Adam Smith would know nothing about capitalism or taxation cause he was “only” one of the pioneers of political economics.  Just saying…  —   KMAB]
.

Read Full Post »