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Topic: “oikos”
February 16, 2009 |
Let’s remember how money, on which our economy is based, started out simply as a system of “trade.” Now days money is capital, and capital is for making more capital. It’s called capitalism. And it’s not the market with which my mother traded…not at all!
Too many years ago, when my mother would go to town from our farm, she didn’t go to the store. She went to “trade.”
I never thought twice about why she would say “trade,” and the rest of us would say we were going to buy something.
Of course, Mom wasn’t a dummy. Maybe she was more of an economist than the guys who deal with capitalism for the Federal Reserve. «Read the rest of this article»
Sections: Business, Opinion, Politics | No Comments
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