Ian is in his mid-fifties and co-owns a construction business. He is married and has three kids in some level of college. He has his general studies associate’s degree, and while he used to want to go back to school, he has lost that desire; but encourages his kids to complete their bachelor’s.
What is capitalism to you?
Capitalism is what allows me to make a decent living and pay for all three of my kids to go to college.
What role do you see capitalism in your daily life?
Capitalism is a big part of my life because the economy is. I work for a business that is hired to build homes. People would not have the ability to spend their money to design and build a house if it would not for the freedom that allows people to spend their money on what and how they want.
How do you think capitalism has changed over time?
The ability to spend money has gotten faster with new technology, although I still think checks are safer than sending your money out over the web. There are also a lot more self-started businesses and more ways to start businesses on your own than there were thirty years ago.
What do you think of other economic systems other than capitalism?
I think that other economic systems lack the freedom to make decisions about what to do with the money that you earned. I know that there is a whole debate about socialism and how better equality comes with socialism, but our reliance on the government grows. While it seems like that is not a big deal in the beginning, I see the definition of freedom in America changing from more government involvement in a socialist society.
How do you see people’s views of capitalism being generationally different?
The needs of capitalism shift based on what the needs of the people are at the time. Money and beliefs held different values in the past. Capitalism had to have some effect on changes in the economies of the past but how people use their money had and still has a larger effect on capitalism.
Ian seems to have realistically positive views on capitalism. He also discusses how people spend their money and the importance of them being able to spend their earned money how they wish is important to the continuing flow of the economy. Overall I think that he does believe that capitalism is the best choice of economic system for America.