Business is the lifeblood of progress and capitalists are the driving force.
cap • i • tal • ist | noun
Anyone who invests time, money, and/or resources for the potential of greater economic rewards namely from the ownership of assets.
cap • i • tal • ism | noun
An economic system based on the recognition of individual rights, including property rights, in which assets are privately owned.
Capitalists (aka business owners, entrepreneurs, executives, etc.) benefit society twice. First, by bringing new and useful products and services to market, then by giving back through taxes, consumption, and charity.
Without this cycle of investments and deliverables, problems and solutions, the quality of life we enjoy today would be greatly diminished. In fact, the successful functioning of society depends largely on the private ownership of assets within the profit motivated competition driven economic system known as capitalism.
The term may have been distorted from its original purpose, even perverted by governments and large corporations. However, before the advent of capitalism, social status was essentially fixed from the beginning to the end of a person’s life, with essentially no way of changing it. Today, many who start from humble beginnings rise to great heights.
I believe that being a capitalist means striving for higher levels of freedom – first for yourself, and then for others – by maximizing time and resources in the pursuit of profit and progress.