DYSPEPSIA GENERATION

Read it. And you can believe as much or as little of that as you care to.

Just because Bill Gates has a lot of money doesn’t make him an expert economist, or a political philosopher. The same goes for Warren Buffet, although I’ll listen to Buffet when it comes to business analysis, since he has a good track record there. Bill Gates doesn’t even have all that good a track record in IT, much less Econ.

I wish non-socialist people would just quit using the term “capitalism”, a word invented by Marxists that operates entirely within their little sandbox of a focus on production. The free market is not about production and never has been; it’s about distribution, unrestricted exchange, and I wish there were a good term for that. “Freemarketarian” is about as close as I’ve seen, and it’s pretty ugly.

This entry was posted on Friday, January 25th, 2008 at 12:34 and is filed under Think about it.. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.