Friday Fun Video: How Things Work in a Free Market Economy
April 25, 2008 by Miranda Marquit
Filed under Finance
SO, I couldn’t resist using this 1939 video on the free market economy. Great stuff. Do you want a widget? Just go buy one!
Is this better or worse than our current system of socialized capitalism?
Happy Friday!
Facinating! Frightening!
What a different version is told 70 years later at http://www.storyofstuff.com.
The widgit movie makes sense until you account for the limited resources the planet actually contains. What happens when we run low or run out?
And don’t forget the changes to the economy! How many of us are doing the things to harvest cotton for more widgets or mining for those resources. Thanks for the link…It was really interesting to compare the two.