Page 32 - Workbook3E
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A American Capitalism Straight Ahead
Here’s your last signpost along the Road to Financial Freedom. This Workbook reminds you how important taking responsibility for your own finances is to your future. Without active involvement and exercising control of your money, it becomes too easy to get side tracked from your goal of financial fitness.
Benefits of Freedom
To be totally free in your financial affairs, you need an environment that permits you to work toward any financial goal you choose. As Americans, we have inherited the foundations for a free financial climate. We
enjoy the benefits of liberty, the free enterprise system, and capitalism. They’re celebrated to be the most progressive and encouraging economic systems in the world. Without
them, you could be misdirected onto paths leading to dangerous destinations—situations that could enslave you.
Capitalism is a political economic system where private wealth, lawfully acquired or developed
by private enterprise—under
free competition— is owned or managed by those who earned it.
“We need a free economy not only for the renewed material prosperity it will bring, but because it is indispensable to individual freedom, human dignity and to a more just, more honest society.”
~ Margaret Thatcher
28 Workbook 3: Prepare for the Future