Tuesday, March 15, 2011

A Case for Capitalism

1. Which are the companies Americans most enjoy shopping at?
  • Trader Joe's
  • Lowe's
  • Costco
  • Whole Foods
  • Nordstrom
  • Apple Store
2. Which are the companies that have the best customer service?
  • Trader Joe's
  • Costco
  • Nordstrom
  • Apple Store
3. Which companies are known to treat their employees the best?
  • Google
  • Trader Joe's
  • Starbucks
4. And what makes these employees so satisfied with their jobs?
  • full health coverage
  • high pay
  • comfortable working environment
  • great benefits
5. And what makes these companies such joys to shop at?
  • great return policy
  • competitive pricing
  • innovative ideas
6. And were any of the answers to the above 2 questions (#4 & 5) brought about as a result of government intervention or laws?
  • No!
7. So what causes these companies to pay their employees more, continually innovate, and give their customers a terrific return policies?
  • competition brought upon by the capitalism system and the free market!

Bottom Line:

There is no coincidence that the companies consumers enjoy the most are also the same companies that are stealing most of the market share in their industries and that also treat their customers and employees better than their competition.
It might take time for their rivals to catch onto the fact that the extra cost of treating their employees well make for better customer service but in this capitalism world, unless they adapt to the changing times, they will be eaten alive.
The free market ensures that in the end, the ones who win are the ones who take the best care of their employees and customers.
Government intervention is not necessary and would only slow the natural process of this capitalist idea.

Case for Capitalism - CLOSED

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