Buy custom In Defense of Capitalism
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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2127 |
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Because oil manufacturers act based on their own self interest, - something that is encouraged in this type of economy - they supply the world with oil and natural gas, and earn huge profits for themselves that go back into their country's economy. Qatar and it's oil fields are an example of a country allocating it's potential resources properly without government regulation and being immensely successful at it...
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(Bolotta, et al. 2002) Both are equally necessary in a society, and equally well regarded in a market/capitalist economy where freedom of enterprise allows citizens to thrive in their environment, and to use their productive resources to their greatest potential. Citizens that make up the workforce can choose which career to pursue, leading to a workforce that has a higher chance of enjoying the job that they perform...
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General points of the essay
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