But greed, lacking common sense and a good business plan, will likely render both restaurants unprofitable. Had the owner of the second restaurant chosen to start a busines that was needed but did not exist in this small town, then capitalism works in favor of both businessmen, as well as the consumer. Thus, wisdom, always in short supply, should have told the second businessman that he should try a different business. So capitalism, or free enterprise, can be used unwisely if unfettered by restraint or overwhelmed by selfish interests. It can cannibalize the best business plan, the best marketing, and the best service in the world.
Foolish capitalism produces aggressive, cutthroat, and unethical business practices.
Foolish capitalism delivers too many low priced products and services, poor service, and low profits.