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Jay's Tuesday Free Enterprise Quote - 24 January 2012

By
Home Inspector with Jay Markanich Real Estate Inspections, LLC 3380-000723

"Never was capitalism imposed on life as a system, or at all.  It grew out of life, not all at once but gradually, and is therefore one of the great natural designs.  When it was found and identified by such men as Adam Smith, who wrote its bible, and Karl Marx, who wrote its obituary too soon, it was already working."

Garet Garrett (1878 - 1954)

Two key words in that statement above:  grew and natural.

Historically it grew where it had opportunity.  Where would that have been?  Where markets and voluntary exchange had more and more given opportunity.  Where there was less and less dictatorial control.

SUCH IS STILL THE CASE TODAY!

And natural?  That means what?  It means not contrived, or caused, or made by humankind!  It is something normal or expected.

IT HAPPENED NATURALLY BECAUSE OF HUMAN NATURE!

We are always trying to improve our position in the world and our condition in life!
We are always
trying to improve our status in life, socially and otherwise.
We are always trying to create a better mouse trap than the one we are peddling now and sell more of them.
We are always trying provide a better service, or differentiate ourselves from our competition.  We do so out of selfish desire for profit!  Why profit!  Because profit tells us how well we're doing!  It allows us to grow and expand, hire others, open another location or otherwise extend ourselves more so to the buying public.  And we do those things, take those risks, in hopes of yet more profit! 

Why?  Because of our natural desire to improve our personal position in the world and our condition in life!

This is a natural cycle!!

CAPITALISM is a natural system!  It is a free system, one of voluntary markets and invisible hands diverting resources and deriving efficiencies nobody can plan.  As such it CANNOT be imposed!  It is a virtuous system - the scum bags and users in the market place are ground out by those who offer their wares (goods and services) in more honest, and fewer using-of-others ways. 

AND WHERE ALLOWED TO GROW, UNFETTERED BY NATIONAL POLITICS AND VISIBLE, REGULATORY HANDS, IT DOES.  AND WHERE CAPITALISM DOES GROW, IT IMPROVES THE LIVES OF EVERYONE LIVING WHERE IT THRIVES.

 

 

Posted by

Jay Markanich Real Estate Inspections, LLC  

Based in Bristow, serving all of Northern Virginia.

Office (703) 330-6388   Cell (703) 585-7560

www.jaymarinspect.com


Comments(22)

Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

They are actively stifling its growth Michael T.!  But they can't altogether.  Things are too naturally human here!

Michael B. - there are always bureaucrats who think they know more than the trillion individual voluntary exchanges that make something work.

How many people did it take to get the shirt you are wearing to your back?  The answer is -- UNKNOWN MILLIONS, most completely unknown to the others.  You can't make all those decisions from a desk.

Jan 23, 2012 10:49 PM
Ron Cooks
The Real Estate Marketplace - Killeen, TX
Texas Real Estate, Ft Hood/Killeen Homes for Sale

Jay - As of late capatalism has been treated like a second cousin twice removed.  Your post helps make the argument that there is nothing wrong with trying to improve ones' station in life.  After all, everyone has the opportunity to grow, there are no restrictions.

Jan 23, 2012 10:52 PM
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Jay,

Let capitalism run it's course. Without government intervention. Sure we need a tax system to keep the Gvt. running, but over a million pages of tax codes? That's just crazy.

Have a good day In Virginia.

Best, Clint McKie

Jan 23, 2012 10:52 PM
JOSH EVANS *JoshEvansHomes 516-655-5000
Village Properties of Mineola, LLC - Mineola, NY

Like your thinking. Great piece and good luck. Keep up the great job and thanks

Jan 23, 2012 10:58 PM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Capitalism is what raises ALL BOATS and while Newt's comment about kids working in schools is a nice idea; allowing them to work for their own money to buy what they want is the BETTER idea

Jan 23, 2012 11:09 PM
Nor Yeretsian
Envoy Capitol Realty Inc. - Toronto, ON
Envoy Capitol Realty Inc., Brokerage Toronto

Well said Jay. Enjoyed your post.

It's about time someone reminds us how we improve the situation and our environment.

cheers

Nor

www.envoycapitol.com 

Jan 23, 2012 11:19 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Thanks Ron.  I have many dozens of these Tuesday quotes on AR.  Check them out!  Glad you found this one!

It is getting to crush mode Clint.  Hopefully relief is coming soon.

Thanks again Josh.  There will be another one next Tuesday!

There are people who pretend not to understand the rising tide principle Wallace.  I printed my own business cards in 8th grade print shop.  I was the only kid who did!

Jan 23, 2012 11:28 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Thanks Nor.  I have about 85 of these on AR, every Tuesday!

Jan 23, 2012 11:29 PM
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

There is a reason we have prospered for so long and there is a reason we are heading down hill so fast. Government has messed with the natural order and saved the ones that should have failed. By 'protecting' us from the failures they have increased the chance that the US as a whole could fail. The strong survive and those that adapt to the changing business environment not only survive, but thrive.

Jan 24, 2012 03:29 AM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life

Jay - I heart Capitalism.  Though I feel that certain elements of it that we have created have made it unnatural at times, which has led to less than ideal circumstances.  But at its heart, Capitalism shines in the light that you posted above.

Jan 24, 2012 05:00 AM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Jay,

True, capitalism, where allowed, functions by itself and has for centuries. :)

Steve

Jan 24, 2012 05:03 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Isn't it said, that we are even discussing capitalism? My parents must be turning in their graves, sick about how our current administration wants to turn this country completely toward socialism. They have a good start that will get reversed real soon!

Jan 24, 2012 05:48 AM
Steven Cook
No Longer Processing Mortgages. - Tacoma, WA

Jay -- it is amazing that the "in crowd in gubment" always think they know better.  It will take a capitalist infusion to bring prosperity back to the country.

Jan 24, 2012 08:16 AM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Than - remember Braniff and Eastern Airlines?  Imagine where we would be if they had been "saved" by gubment!

It does Jason.  And my dog shines in her own light.  That's her on the stairs, her favorite spot, waiting for kittens to walk by...

It's just natural Steve!

Them the the Founding Fathers Joe.  One and all.

Steven - the infusion will have to be a paradigm shift, because we are moving away, slowly to be sure, but surely.

 

Jan 24, 2012 09:38 AM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life

My kittens would have a field day with your dog ;)

Jan 24, 2012 10:31 AM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Along with the Swiss army...      ;>)

Jan 24, 2012 10:42 AM
Mike Cooper, Broker VA,WV
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Jay, I really appreciate your Tuesday musings.  I look forward to it every week.  Capitalism is the only form of voluntary exchange that offers anyone and everyone a fair shot at a dream of financial independence and a true zest for living.  In the communist countries I've worked in the people knew what they would make and how far they could go.  And, they walked around like dreamless zombies.  Why try to excel when the government will determine how far you can go?  Capitalism takes those barriers away and sets men/women free to dream bigger than life dreams.

Jan 24, 2012 11:30 AM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Which is why it folded in so well with the Constitution, Mike, and was set up by our Founding Fathers as the system we would follow.  It could have been no other way!

Jan 24, 2012 12:59 PM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Jay,

Congratulations. This post is now featured in "The Law Of The Land." :)

Steve

Jan 26, 2012 02:03 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Thanks Steve.  These are a lot of fun to get out there, as you know!

Jan 26, 2012 07:37 PM