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Capitalism

Capitalism is a system where individuals have rights of ownership to goods, property, and means of production and free to transact it and also free to utilize it to produce any goods in whatever amount to fulfill its self interest Moreover government power should be limited so that it won't curtail individual freedom. But is capitalism that simple? The fact is many self proclaimed capitalist tend to disagree with one another. Even the most basic question like "How much can we tolerate government intervention?" To answer previous questions,there are three main capitalist thoughts with different opinion. First is a capitalism that is inspired by Austrian School of Economics. This thoughts is put forth by three Austrian: Carl Menger, Friedric Von Wieser and Eugen Böhm von Bawerk. The basic of Austrian thought is that humans possess wants and wishes of the consequences of preferred choice the formula is every individual in this world have their own wants and goalsand ev...
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A Brief History of Indonesia

Indonesia is probably most commonly known around the world from one place Bali an exotic and romantic vacation spot. So many people view Bali as the representation of Indonesia as a whole. But what about the rest of the nation? How did that one island and the rest that make up the entire of Indonesia come to be what they are now? Where did the history of Indonesia begin like its neighbor of Malaysia? Indonesia can trace its first signs of modern human life all the way back to about 40,000 years ago. Although there is also archaeological evidence suggesting that 40,000 years maybe an underestimate and other ancestors of today’s humans may have been present in the region as long as 1.9 million years ago either way the earliest. Reliable evidence of a sophisticated civilization in current day Indonesia dates back to only about 400 BC with the discoveries of Indian trade goods in the region and inscriptions found in West Java and eastern Kalimantan. It is also believed that trade with Chin...
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