Wall Street

As the protest on Wall Street and elsewhere continue, I wonder where all of this is going to wind up. Protests are not the answer. Productivity is.

Although I don't agree with all of the points of this manifesto from the protesters, this one is certainly a reality:

"They (corporations) have influenced the courts to have the same rights as people, with none of the culpability or responsibility."

Historically, the rise of the corporation did much to undergird the rise of Western countries prosperity. It divorced capital used to start and build businesses from personal assets and property. When individuals and groups were freed from that danger, the risks of enterprise, then the liabilities became more manageable. But, like anything else under the sun, there is always a dark shadow. The abuses of the legal impersonality status of corporations for personal gain, demonstrates that man is always going to be greedy if money is his god. The problem is not the structure, it is the human heart.

Yet as Walter Williams point out, "Capitalism is always evaluated against the non-existent utopias of socialism or communism. Any earthly system pales in comparison to utopias. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires."

1 Tim 6:10

For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.