Bar Rescue or Bar Bootcamp?

Bar Rescue, at the time of this writing is two seasons deep, and moving toward a third. Airing on Spike TV, this “reality” show is currently one of my favorites.  If you have any interest in the bar and nightclub business this series is definitely worth watching.

Bar Rescue stars Jon Taffer, an industry big-wig who specializes in turning failing bars into lucrative establishments. At the beginning of each episode he sends one of his helpers into the featured bar to assess just how bad off it really is. (Read More)

Saving Money: The First Step to Financial Freedom, Part I

When we begin our quest for financial independence we may wonder where to begin.  A lot of people are plagued with the flawed belief that financial independence only comes by having a great and marketable idea that can earn a million dollars.  While it is true that a person can become very wealthy in the United States this way, it is not the only way, nor is it even the most common way people become wealthy.

Unfortunately more often than not, people who are motivated by the “one good idea” philosophy tend to wind up broke, falling prey to one get rich quick scheme after another.  If you have genuinely found a way to earn a lot of money with relative quickness and ease, good for you!  But this alone will not make you rich or keep you financially independent, because it is not really about how much you earn.  It is about (read more)

Rabbi Daniel Lapin and the Secret to Jewish Success

Lapin, Rabbi Daniel (2010) Thou Shall Prosper: Ten Commandments for Making Money, Second Edition, Hoboken, John Wiley and Sons Inc.

Thou Shall Prosper is a fascinating exploration into wealth creation amongst Jews and the values within Jewish communities that encourage financial success.  It is organized into 10 separate chapters, titled commandments in imitation of the Laws given to Moses.  Written by Daniel Lapin, an Orthodox Jewish Rabbi motivated by a desire to research and catalog the cultural traits that have contributed to this, making them available to all people.  The book promotes what Rabbi Lapin calls Ethical Capitalism. (more)

Capitalism Saves T-Shirts and Other Products Now Available!

Show your support for Capitalism by owning one of our Capitalism Saves, and other pro-Capitalism Products available here!

Dave Ramsey: Financial Guru for the Average Person

Dave Ramsey is a financial guru for the average person.  Even if you think you’re doing alright with your money, Dave can help you see the folly of your ways that prevents you from truly excelling financially.

When I finally made the decision to focus on my finance and figure out the secret to creating wealth I explored numerous books, and audio programs by many different financial gurus.  I read Robert Kiyosaki, Donald Trump, Brian Tracy, and even Gene Simmons, just to name a few.  I began perusing business magazines, and  I learned a lot by doing this.

The problem with most of these books and programs was that although they taught me a lot, most of them are written under the assumption that the reader already has a certain amount of capital at hand, ready to invest. (read more)

Gene Simmons; Profile of a Rockin’ Capitalist

Gene Simmons is best known as the fire-breathing, blood spitting demonic bass player of the record breaking rock and roll band KISS.  With multiple millions of fans the world over and across no less than three generations, Gene Simmons and KISS have experienced success that far surpasses that of the majority of eccentric musical acts that sprung up throughout the 1970s. Though many rock and rollers have come and gone in the years that KISS has rocked the earth, Gene Simmons is richer and more popular now than he ever during his band’s classic era.

Rock stars are typically not the best examples of financial wisdom; in fact they are usually the worst.  The unrelated natures of musical talent and financial wisdom detract from the music business as a viable path to wealth as it is.  Couple that with the unlikelihood of success and the well known frivolous spending habits and legal antics of those in the field.  This is why I get certain skeptical looks and responses when I cite Gene Simmons as inspiration for financial strategy. (more)

 

What is Capitalism?

At the time of this writing I am working toward my master’s degree in anthropology in college.  Recently in a theory class we were discussing world systems theory, global economics and money.  At one point the professor made the point that there is profound difference between money and capital, and then posed the question “what is that difference?”  I was surprised to see that within a class of intelligent and well educated blooming social scientists, there was little clear understanding as to what exactly capitalism is.

In short; money is a symbolic mode of exchange.  In our society the simplest form of money comes in banknotes and coins.  People and governments agree that these particular bills and coins have a certain amount of value and can be exchanged for goods and services that are perceived to be of a certain value in relation to money.

Capital is not necessarily money, but it’s usually spoken of in that context.  Capital is (more)