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Showing posts with the label Capitalism

The Brief History of Democracy.

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  Democracy, the best thing that humans ever created. Also, something that seems to be in danger all around the world. Democracy can be tracked back to Ancient Greece, in 508 AD. Indian Subcontinent had many  democratic states that existed between 6th century BC to somewhere in mid-4th century. Or to ancient Mesopotamia or Ancient Egypt. Democracy has been as old as human society. Ancient humans, who used to live in tribe were democratic as well.  Anthropologist has found an early version of democracy in the hunter gathers that roamed around before the foundation of civilisation. The proto-democracy predates the agrarian society, sedentary society, yet the basics ideas were the same. The group didn't have a leader, per se. They would discuss the issues at hand in the group of families that stayed together and tried to solve the issues. This is what we call Tribalism or Primitive Democracy. This was the oldest democracy mankind has known. But since then democracy has changed a lot.

Stock Market Basics Chapter 2. How does the Business work? And where does the funding come from?

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  Hi everyone,  Today we'll learn how businesses work, and how to set up a business, and how to get fundings for a project. In the previous  chapter , we talked about what is the stock market is and who should invest in it. Today we'll talk about the origin of a business, and how to build it. We'll talk about Angel Investors, Venture capitalists, what they do, who are they? and other stuff. I'll be using a small anthology to make the explanation a lot easier. So here we go. So to understand the funding aspect of a business, you need to break it into multiple levels, there are many ways a business can get funding and we'll go into that. Angel Investors. Now imagine this, there's a guy named, Thomas, who has an idea to build great AI learning programs for Dyslexic kids and believes he can take it to the world and change the world, but he needs money to work on that. So he tries to convince his two friends, Michael and Rohit to invest in his business in return for

Capitalism and Socialism and why they suck?

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  I am not going to explain capitalism and socialism in this article if you want to learn about it click  here . Instead I am going to do a case study and try to explain which one is better. I am going to be totally unbiased in approaching both the forms of economy, and try to keep it as easy as I can. I am not a Capitalist or a Socialist, and I renounce both of them. But let give an inspection why? Capitalism Many 15 and 16 year olds will tell you how capitalism is bad. But is it really that bad? Let's see what Capitalism has given us and what has it taken away from us. First let me give you a little history on capitalism. History of Capitalism. Even though Capitalism existed since the renaissance period the word "Capitalism" was brought in spot light by a Scottish Economist, Adam Smith, who is also referred to as "Father of Capitalism" even though he did not create or invent it. And the industrial revolution promoted  it. If you want to read up about him click