End Capitalism? The Importance of a Capitalist System – Episode 144

April 6, 2016 Patrick Donohoe Podcast, The Wealth Standard 00:37:36 0 Comments

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144_imageEnd capitalism? What do those two words make you think of? Inspired by the giant sign to the left that Patrick Donohoe, our host, saw in someone’s yard, today’s podcast episode is about the value, and real meaning, of capitalism.

Language and words are incredibly important, especially when it comes to something as critical as economics. A lot of people use “capitalism” as a synonym for greed or corporate abuse. However, the real meaning of capitalism is closely tied to our first amendment rights. The first amendment guarantees us the right to speak our minds, and capitalism gives us the right to act on them.

Capitalism also drives us all to be better. Patrick talks about how those who are constantly seeking to improve themselves and their circumstances can easily understand capitalism, it’s value and it’s benefits because capitalism is the system that motivates us that most to do our best.

Tune it to our weekly shows on YouTube and Tunein!  We also love to receive your feedback, thoughts, and comments on Twitter, Facebook, and the iTunes store. Or, you can email us at info@paradigmlife.net

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About the host

Patrick Donohoe

Patrick Donohoe

CEO Paradigm Life

Patrick is the President and CEO and started Paradigm Life in 2007 after learning from his mentor Kim Butler about financial strategies outside of Wall Street.

With a background in economics and marketing, Patrick immediately realized the opportunity to teach investors, business owners, professionals and families on a large scale using modern digital media and communication technology. Since 2007 Paradigm Life has worked with thousands of individuals in all 50 states.