Buying as believing

by Richard on November 24, 2009

PamBG has a very helpful post: Capitalism as a Belief System

In many ways, I’m still a “foreigner” here in the US and one of the things that has struck me is how much capitalism appears to be for many people in the US a belief system as well as a way of running an economy. After twenty years working in the equity markets, my own opinion is that capitalism is, historically, the least worst way of running an economy that human history has devised.

It’s also my opinion however, that as a belief system, capitalism stinks. And I believe that capitalism is the number one belief system held by US society. Christians may say that they believe in the Lordship of Christ, but in actual fact we believe in the Lordship of Profits. We prove this every day by the way we live our lives.

{ 2 comments… read them below or add one }


Anonymous 11.24.09 at 11:52 pm

If you are against capitalism as an economic system, then what works better?


PamBG 11.25.09 at 12:33 pm

Wow, an anonymous person who won’t even identify themselves obviously didn’t read my post. Should I answer the person? Nah.

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