Saturday, December 03, 2005

Capitalism promotes individual responsibility

Individuals, left alone will find ways to improve his situation. Filipinos has been doing and are doing exactly that. Filipinos migrating outside the comfort and familiarity of the Philippines for their own need and want. From major professional brain drain of the 60's to present OFW. No Catholic guilt, a patriotic and Christ like endeavor. Bible verse provide rationale and needed critical thinking skill. Matthew 25:29, The Parable of the Talents For to everyone who has, more will be given and he will grow rich; but from the one who has not, even what he has will be taken away. By itself, Matthew 25:29 is incomprehensible. To understand it's meaning one has to read the whole chapter 25. Reading the whole chapter, each one understand or absorb into heart different meaning. The knowledge you acquire reading 'The Parable of The Talents' will merge with what you already has stored in your cerebral system. Basic critical thinking.
For me 'The Parable of The Talents' is individual moral responsibility to increase what is given by the Lord.
Capitalist according to Adam Smith is not about accumulating money but individual passion to produce Profit by Labor, Money and Price. Each principle need the other to produce Profit. Profit is wealth not only to the capitalist but also to the community he lives in and the nation as a whole.

No comments: