A Watchtower by the Lake

Source: veeterzy on unspalsh The Marriam Webster dictionary defines capitalism as an economic system characterized by private  or corporate ownership of capital goods, b y investments that are determined by private decision , and by prices, production, and the distribution of goods that are determined mainly by competition in a free market  Note the highlighted portions. The Oxford English dictionary defined Economic Growth as an increase in the amount of goods and services produced per head of the population over a period of time. These two definitions are the crux of our progress and our problems. Globally all governments have been focused primarily on economic growth that is making sure the amount of goods and services produced and thereby consumed rises.  As a single point critical metric of performance, all governments are focused on incentivizing this growth. In capitalism, the decision, to invest, is a private decision, and investment d...