1. The Materialist Myth : In a free economy someone can get wealthy, not merely by having  someone else’s  wealth transferred to their account, but by creating new wealth , not only for themselves , but for others as well.

2. The Greed Myth : Capitalistic route can bring social beneficial outcomes.   Smith wrote business people are led by an invisible hand

& thus without intending it , without knowing it, advance the interest of the society.

Rather than inspire miserliness, capitalism encourages enterprise.

Entrepreneurs including greedy ones, succeed by delaying their own gratification, by investing their wealth in creative but risky ventures that may or may not pan out.

 

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