Forum Post: Capitalism in a Nutshell

Capitalism in a nutshell

1. I have an idea for a great product
2. I have no collateral so the banks will not lend me money
3. I sell shares of stock to people willing to risk their money 4a. My idea fails and the investors lose their money. I owe them nothing 4b. My idea succeeds and we all make money!

Croney Capitalism in a nutshell

1. I have an idea that really sucks.
2. I have friends in high places in D.C.
3. My friends in D.C. give me Capital
4. My company fails because it was a bad idea.
5. The tax payers pay the bill.