Free Enterprise Works!

Raoul Sada • 30 July 2024

Championing Free Enterprise & Strengthening Communities


Watch this 5 min. Video from PragerU

Built into the foundation of free enterprise is a promise. It's a promise that no other economic system offers. 


This promise has a great deal to do with your sense of well-being, that is, your happiness. George Washington, Thomas Jefferson and Alexander Hamilton understood this. So does renowned social scientist, Arthur Brooks. In five minutes, he explains how happiness and free enterprise are marvelously entwined.


This video is part of the Robert W. Plaster Foundation Playlist: Free Enterprise Will Set You Free


Championing Free Enterprise & Strengthening Communities

America thrives on democracy and free enterprise, pillars that have given our citizens one of the highest standards of living, unmatched economic prosperity, and a spirit of generosity not found anywhere else in the world!


Free enterprise fuels competition, sparking the creation of more companies, driving innovation, and generating jobs. This not only boosts our quality of life but also fortifies our communities. Plus, it ensures everyone has an equal shot at success.






Every American Must Safeguard Free Enterprise

 "Think carefully about the impact of increased regulations, taxes, wage mandates, and government benefits. There is always a cost."


What Your need to Know:


  • America’s Foundation:
  • Built on democracy and free enterprise.
  • Contributed to high standards of living, economic prosperity, and generosity.


  • Benefits of Free Enterprise:
  • Fosters competition, leading to more companies, innovation, and jobs.
  • Enhances quality of life and strengthens communities.
  • Guarantees equal opportunities for success.


  • Characteristics of a Free Enterprise System:
  • Private property.
  • Economic freedom.
  • Economic incentives.
  • Competitive markets.
  • Limited government role.



Do You know the Difference Between Free Enterprise and a Socialism Economy?


Free Enterprise:

Definition: Economic system where private individuals and businesses own the means of production and operate for profit.

  • Focus: Individual freedom, competition, and market-driven outcomes.
  • Key Features:Private ownership of property and resources.
  • Market economy driven by supply and demand.
  • Minimal government intervention to ensure fair competition.

Socialism:

Definition: Economic system where the means of production are owned and controlled collectively, often by the state or workers.

  • Focus: Economic equality and reducing socio-economic disparities.
  • Key Features:Collective ownership of resources and means of production.
  • Wealth redistribution through progressive taxation and social welfare programs.
  • Centralized economic planning to allocate resources and manage the economy.


Watch the 5 Minute Video

Built into the foundation of free enterprise is a promise. It's a promise that no other economic system offers. 


This promise has a great deal to do with your sense of well-being, that is, your happiness. George Washington, Thomas Jefferson and Alexander Hamilton understood this. So does renowned social scientist, Arthur Brooks. In five minutes, he explains how happiness and free enterprise are marvelously entwined.

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