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When that happens, those who are smarter will turn into dictators rather than productive entrepreneurs.
So it does take brain to get rich whether you’re in a communist country or in capitalistic country.
It takes capital too. It costs tens of thousands of dollars to buy a governments’ position in Indonesia.
So when an official in places, his first agenda is trying to recoup his money and make as much profit as possible. Just like business.
Commitment to freedom and meritocracy put power in ways that benefit those who are productive.
This motivates people to be productive and encourage productivity. This in turn benefits the society as a whole.
Free market does not create disparity of wealth. Free market simply changes the way such disparity is made.
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