You’re in a conversation and someone says, “Capitalism is all about rewarding greed.” What would you say? When many people think about business people in a market economy, they think of characters in movies – like Ebenezer Scrooge, or the bankers in “Mary Poppins,” or Gordon Gekko in the movie “Wall Street.” These stereotypes reinforce …
You’re in a conversation and someone says, “In America, the richest 1% have 40% of all the wealth. This kind of inequality shouldn’t be tolerated.” What would you say? The wealth gap between the upper class and everyone else is almost always framed in terms of inequality and fairness. But that doesn’t present the whole …
You’re in a conversation and someone says, “Capitalism only benefits the rich, not the middle or lower classes. And when the rich get richer, the poor get poorer.” What would you say? Though people have different ideas of what capitalism means, Merriam-Webster’s dictionary defines it as “an economic system characterized by private or corporate ownership …
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