Comments on: Capitalism Involves Risk, That’s What Makes It Capitalistic http://www.ronedmondson.com/2009/07/capitalism-involves-risk-thats-what-makes-it-capitalistic.html The Blog of Leader, Pastor, and Church Planter Ron Edmondson Sun, 12 Feb 2012 17:01:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dennis Pearson http://www.ronedmondson.com/2009/07/capitalism-involves-risk-thats-what-makes-it-capitalistic.html#comment-3062 Dennis Pearson Tue, 14 Jul 2009 02:24:38 +0000 http://www.ronedmondson.com/?p=3060#comment-3062 Very nicely written. Capitalism does not come with a guarantee but rather as you put it, "hope" and incentives. When we expect and rely on government to provide everything then the system has lost sight of the term, "of the people for the people!" Very nicely written. Capitalism does not come with a guarantee but rather as you put it, “hope” and incentives. When we expect and rely on government to provide everything then the system has lost sight of the term, “of the people for the people!”

]]> By: Stewart Ramsey http://www.ronedmondson.com/2009/07/capitalism-involves-risk-thats-what-makes-it-capitalistic.html#comment-3057 Stewart Ramsey Mon, 13 Jul 2009 22:32:58 +0000 http://www.ronedmondson.com/?p=3060#comment-3057 I wholeheartedly agree. As an individual that manages a successful financial institution that has been properly managed for years, we have weathered the economic storm quite well. Those who took the aggressive posture and took "chances" are now baled out and have started the call for more regulation. I too agree that we should protect those that can not protect themselves, but it is beginning to feel that someone has decided none of us have the ability to take care of ourselves. I have commented many times that individuals no longer want to take responsibility for their own actions whether it is taking out a loan, investing in the stock market, taking a new job, etc. If the regulation continues to increase to protect us from ourselves (or our own unwillingness to take responsibility for our own actions) then I believe we will be in a spot that would no longer fall under the definition of "capitalism" in the dictionary. Just my opinion! I wholeheartedly agree. As an individual that manages a successful financial institution that has been properly managed for years, we have weathered the economic storm quite well. Those who took the aggressive posture and took “chances” are now baled out and have started the call for more regulation. I too agree that we should protect those that can not protect themselves, but it is beginning to feel that someone has decided none of us have the ability to take care of ourselves.

I have commented many times that individuals no longer want to take responsibility for their own actions whether it is taking out a loan, investing in the stock market, taking a new job, etc. If the regulation continues to increase to protect us from ourselves (or our own unwillingness to take responsibility for our own actions) then I believe we will be in a spot that would no longer fall under the definition of “capitalism” in the dictionary. Just my opinion!

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