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- Embed this noticeThe wonderful thing about the system that is pejoratively referred to as "capitalism" is that you can do exactly that, and if your opinion is correct, you get more money.
But it's not just about winning like at a casino. When you invest, you are actually VOTING on how humanity's finite resources should be allocated. If the ventures you "vote" for end up making products that more people want and need, you end up with more votes.
The richest people in the world are (more or less) those who are the BEST at figuring out which ventures will most effectively serve humanity and convince the average joe to pay. And when these people control the means of production, they organize to shower us all with every kind of product and service we can imagine to want.
Every time in history that government has taken that power away from them and placed it in the hands of nominated bureaucrats, there has always been shortages, famines, and eventual collapse.
Even so, some of these Titans of Capital, such as Ray Dalio and the late Charlie Munger, believe as you do that China has a better system (or at least claim to). But one need look no further than valuations of Chinese companies to see that this opinion is an outlier. For the most part, the wealth of humanity believes in American businesses.