Tuesday, July 8, 2014

Moral benefits

Arthur said something unique about free enterprise (yesterday's post), that you never hear in media:

"There's another side to free enterprise that's actually more important [than making money].  Free enterprise matters not just because of its unparalleled material benefits, but because of its unparalleled moral benefits."

"Only a system of free enterprise lets us decide what makes us happy and then go do it!"

"Happiness is not about materialism . . it's about defining our lives and our goals and achieving happiness on our own terms.  That's the promise of free enterprise."

I've seen the term "freedom economics" used in place of "free enterprise."  I like that because it highlights the freedom Arthur is talking about to place our effort where we want to.  It also highlights the freedom of a consumer or customer to freely choose whether to purchase our product or purchase somebody else's.

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