Redd No Date [Ivey Redd, "Capitalism, the Greatest Economic System Ever," yipinstitute, https://www.yipinstitute.com/articles/capitalism-the-greatest-economic-system-ever, SMarx, JTong]
The right to choose is one of the core characteristics of a free market economy. Within a free market, an individual has the freedom to choose what producer they will purchase a good or service from, who they will conduct business with, where to live, what to do with your career, etc. Individuals are able to freely choose how to go about their lives. This creates a vast and prosperous marketplace because many careers and skills are flowing in from all over the place. Consumers are able to choose who to buy from which forces the producer to create the best good or service possible.The state does not force its citizens to do anything, so capitalism allows individuals to participate in actions within the market based upon their own interests and beliefs. Why should the state choose how we live our lives or only allow us to consume state produced goods? The state should not do this because every person has different needs, wants, and goals. The freedom of choice allows us to buy what we want and what careers to pursue which brings out the best of individuals. The freedom of choice represents the right of the individual person to be themselves in relationships, to make their own decisions, to be free from the authority of others, and to be able to choose how they wish to use their services or property rather than others.
Shall We Not Forget
As many in history have experienced, capitalism is the ideal economic system for people around the world. Again, capitalism produces wealth and innovation, improves the lives of individuals, and gives power to the people. If it wasn’t for capitalism, you wouldn’t be able to read this article right now. Capitalism is and will always be better than socialism.
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