I recently gave one of countless illustrations demonstrating the beauty of capitalism.
Just think of the productivity level. Think of how many dozens of men it would have taken some years ago, and how many hundreds of men it would have taken some decades ago, to do the job of one man today. Think of how much cheaper this innovation makes lumber and all wood/paper products, some which you will inevitably find within a few inches or feet of you at this very moment. Think of how many more people around the world are able to afford basic furniture and student desks because of this technology. Think of how many men are freed up to work in other industries to create more, better, and cheaper products there as well.
Thank God for the private sector. We can only hope the government keeps its paws off of it.
The original YouTube video was removed, so I put up the same video from another site.
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Response: Gold iraPaul Ibrahim - Paul Ibrahim Blog - Why Capitalism is Amazing: Reason #2
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