How capitalism grew

Hi

I thought that perhaps it is time to refresh our history concerning how capitalism grew.

To start you have to go back in time to before the industrial revolution. Life was simpler in those times, people depended on their own work ethic to survive. I will try to show by use of little anecdotes.

Let's assume that John is an excellent farmer and can grow more grain that he can use. Frank, on the other hand, is an excellent mechanic and can fix and invent things. John goes to Frank and offers to exchange grain for services, they agree and both men are happy with the arrangement. The next year however brings some complications, John, the farmer, does not need Franks services but Frank needs more grain. The two men agree that they will go to Louis, who is an excellent handler of animals. They agree to get services from Louis in exchange for grain from John and services from Frank. Again every body is happy.

At this time the three agree that to avoid this kind of hassle in the future, they should create some medium of exchange. We call this exchange medium money. Now they can in effect sell their goods and services for money and when the need arises, they can spend the money for what is needed. This works out great for the local community, but now some one needs services from some other community, what to do. Here the government steps in and creates a central money supply which can be used in all communities. The problem appears to be solved.

In effect it is solved as long as the government does not interfere and make "the deals" for the parties. After all the people know how they choose to spend the money, they know what is needed.

With the industrialization of the world a new concept is introduced, mass labor. Again the people who make up the mass labor bloc should make an agreement with the person who is offering the jobs. This is fair, people now have a choice to "take it or leave it".

Multiply this scenario by thousands and you have the onset of capitalism. Please note that the main theme running through this concept of capitalism is individual freedom.
More to come.

Let us pray for our brave service people, may they be safe.
GOD Bless