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We are all able to compete.

Eg. We can start our own own buisness

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Diamond Re-branding

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From Rory Sutherland;s TED talk, this video is a great illustration of creating intangible value.

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In capitalism, the motive for producing goods and services is to sell them for a profit, not to satisfy people's needs.

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Goods & resources concentrated in the hands of private companies

rather than publicly (government) owned e.g. BUPA as opposed to

the NHS or Virgin Trains as opposed to British Rail.

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An ideological position supporting capitalist and free market. Emphasises private enterprise.

Government interference is strictly limited in order to maximise free trade.

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Capitalism and Socialism: Crash Course World History #33

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If the demand for the
product an owner makes falls then the product loses
its value so has be charged at lower rate

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If the demand for the
product an owner makes falls then the product loses
its value so has be charged at lower rate

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Gordon Gekko 'Greed is Good' Trade like a Pro

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http://zi.ma/FapTurbo Trade like a pro ! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind.

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CAPITALISM ORGANISES SOCIETY AROUND MONEY

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CAPITALISM ORGANISES SOCIETY AROUND MONEY

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We have owners, workers and consumers.

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We invest and own means of production and distribution.  Exchange of wealth is maintained by private individuals and corporations.

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e.g. the Western world