Cash4Gold and Capitalism

4 10 2009

Michael Arrington is reminding readers at TechCrunch that there is nothing evil about a business that works by aggressively negotiating low buying prices for gold while providing a premium of convenience in the business transaction.

Considering how frequently you hear people assaulting the fundamental principles of capitalism these days, it’s nice to hear someone coming out in its defense.

Here’s my favorite part of his piece:

Making obscene profits may make you jealous, but it isn’t evil. There’s a reason so many people are using the Cash4Gold service – it’s easy and convenient. They don’t make promises on their website that they don’t keep, and they aren’t tricking or scamming people. They are simply buying low and selling high, and that’s capitalism at its finest.

Now go to TechCrunch and read the whole thing.


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2 responses

4 10 2009
Adrian Bye

+1

4 10 2009
Twitter Trackbacks for Cash4Gold and Capitalism « Questing for Atlantis [questingforatlantis.com] on Topsy.com

[...] Cash4Gold and Capitalism « Questing for Atlantis questingforatlantis.com/2009/10/04/cash4gold-and-capitalism – view page – cached Michael Arrington is reminding readers at TechCrunch that there is nothing evil about a business that works by aggressively negotiating low buying prices for gold while providing a premium of… (Read more)Michael Arrington is reminding readers at TechCrunch that there is nothing evil about a business that works by aggressively negotiating low buying prices for gold while providing a premium of convenience in the business (Read less) — From the page [...]

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