{"id":131,"date":"2011-11-02T11:16:46","date_gmt":"2011-11-02T11:16:46","guid":{"rendered":"http:\/\/whobig.com\/?p=131"},"modified":"2011-11-02T11:18:25","modified_gmt":"2011-11-02T11:18:25","slug":"ows-capitalism","status":"publish","type":"post","link":"https:\/\/whobig.com\/?p=131","title":{"rendered":"#OWS &#8211; capitalism"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"http:\/\/www.youtube.com\/embed\/Os87kyHoXlY\" frameborder=\"0\" width=\"560\" height=\"315\"><\/iframe><\/p>\n<p>Video 1 to the OWS series &#8211;<\/p>\n<p>The only reason a business exists is to create wealth.\u00a0 It creates wealth first for the customers because if the customers weren&#8217;t entirely benefited from the product or service, that business wouldn&#8217;t have customers.\u00a0 It creates wealth for as many people as are able to be employed with that business for years and years.\u00a0 It creates wealth for the share holders since these people are risking their money to allow the business to have operating capital which helps get and keep employees who make decisions about how good a company they are going to have.<\/p>\n<p>The biggest problem with people favoring the government so easily is that those people are ignorant to the cost of doing business.\u00a0 This is understandable since the majority of people don&#8217;t start businesses.\u00a0 Most people just go to work, do their work and leave.\u00a0 Never knowing all the costs and charges that go on behind the scenes to support their job.<\/p>\n<p>Before you rent a space the government has regulations about what a building should look like before it is suitable to be rented.\u00a0 There are commercial codes to make the place &#8216;safe&#8217; and environmental standards.\u00a0 Even if they don&#8217;t make the place safe they add to the cost of rent because the landlord will definitely be passing on those costs onto the business in higher rent.\u00a0 Depending on the business you have you will be charged a business license fee, then you will be taxed by the city based on your profit to maintain that business license, you will be taxed by the state on your profit and you will be taxed by the federal government all on that same profit.\u00a0 Then if you have employees you will be taxed for each employee and each employee will be taxed on that same money.\u00a0 Then you will pay the local government your sales tax that you have collected on their behalf.\u00a0 Depending on your type of business numerous insurance costs are in your future.\u00a0 Insure the building, insure the products, insure the employees. Don\u2019t forget about legal liability costs, unemployment costs and other built-in government programs that come along with hiring people.\u00a0 Each time we have to pay something or do something that isn&#8217;t involved in getting or keeping customers it is unproductive and by default is a money loser for the business.<\/p>\n<p>It reminds me of the movie \u2018Goodfellas\u2019 when the club owner asks Paulie to be his silent partner and no matter what you will pay that silent partner.\u00a0 [play movie sound]\u00a0 The government benefits with you on your way to prosperity and goes def, dumb and blind when you fail unless you still owe a tax while you crashed your business.<\/p>\n<p>The fees that are paid to government can be argued important or not on a fee by fee basis.\u00a0 The best way to argue for a fee is pointing out where it adds value to something.\u00a0 The government isn&#8217;t valuable besides what value it creates for the people it governs which is why government always frames their excuse for the fees by suggesting it is making things safe for the people.<\/p>\n<p>There are more fees that simply feed government than can reasonably be argued that such fees are for a common good.\u00a0 The resistance to fees is usually a failure of the payor to have value for the service, safety or protection the government says the payor is getting for the fee.\u00a0 Which can also be stated as the government doesn&#8217;t provide valuable services for the fees it charges<\/p>\n<p>Two things can solve this problem; either the government gets more honest and only charges for the value based fees or drops the fees in general to where a business doesn&#8217;t feel such a burden.\u00a0 Unfortunately the government is a monopoly unless you&#8217;re a really good business.\u00a0 If a business has enough money the world becomes your market and in that case you can choose any government in the world to do business.\u00a0 Just like we chose where to rent based on price and location the business that makes enough money can choose which government to deal with.<\/p>\n<p>Remember, a business\u2019s only function is to create wealth.\u00a0 The people who start those businesses have many different reasons to start. Some people just want money so they exploit a market.\u00a0 Some people want change or to start a revolution.\u00a0 A business allows these things to be everlasting.<\/p>\n<p>Capitalism makes the most sense for the people who want the most freedom because the indicator for how much money a company makes is directly proportionate to how many people freely choose to buy that company&#8217;s products.\u00a0 Therefore, the companies with the most money have given their customers the most wealth and enriched their lives.\u00a0 If it didn&#8217;t create wealth or enrich customers why would they buy?\u00a0 There isn&#8217;t any force by the government to buy one thing over another.\u00a0 It would cease to be a &#8216;free&#8217; market in that case.\u00a0 once the government forces anyone to buy anything the free market is contaminated and is no longer a free system.\u00a0 Similarly, if a government favors a business by giving them money the free market is undermined.\u00a0 There is a bigger point here which I will make in a following post; that is government doesn\u2019t really have any money.<\/p>\n<p>Which brings me to my last point;\u00a0 there are two types of monetary distribution systems.\u00a0 One is based in freedom and the other is based in slavery.\u00a0 One is by an individual buying something they find value in and the other is by government forcing an individual to surrender their income, taking from them the direct influence where it is spent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Video 1 to the OWS series &#8211; The only reason a business exists is to create wealth.\u00a0 It creates wealth first for the customers because if the customers weren&#8217;t entirely benefited from the product or service, that business wouldn&#8217;t have customers.\u00a0 It creates wealth for as many people as are able to be employed with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[31,8],"tags":[36,44,37,45,46],"class_list":["post-131","post","type-post","status-publish","format-standard","hentry","category-event","category-politicized","tag-ows","tag-business","tag-capitalism","tag-company","tag-free-market"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p1COBO-27","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/whobig.com\/index.php?rest_route=\/wp\/v2\/posts\/131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/whobig.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/whobig.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/whobig.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/whobig.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131"}],"version-history":[{"count":2,"href":"https:\/\/whobig.com\/index.php?rest_route=\/wp\/v2\/posts\/131\/revisions"}],"predecessor-version":[{"id":133,"href":"https:\/\/whobig.com\/index.php?rest_route=\/wp\/v2\/posts\/131\/revisions\/133"}],"wp:attachment":[{"href":"https:\/\/whobig.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/whobig.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/whobig.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}