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  • TGIBF!

    11/24/2010 3:28:42 PM Posted by Katie Taran

    blackfridayWhen people reflect on what they’re thankful for this Thanksgiving holiday, I hope they don’t think it’s materialistic to be grateful for the Black Friday sales that are coming a few hours later.  Don’t get me wrong—I’m thankful for freedom, family, friends, and God above all else—but I would be amiss in neglecting my appreciation for the biggest shopping day of the year.

    Thinking about it takes me back to a few weeks ago to the West Coast Leadership Conference, where students received a crash-course in capitalism with lessons that I wish millions more could learn.  Dr. David Newton, professor of entrepreneurial finance at Westmont College, and Mr. Andy Puzder, president and CEO of CKE Restaurants, Inc. were there discussing their new eBook, Job Creation: How it Really Works and Why the Government Doesn’t Understand It.  Puzder, no stranger to running successful companies and creating jobs, offered insight onto how far-reaching capitalism is: “Every time we open a new restaurant we create 25 jobs in that restaurant approximately. We also create jobs for the people that design the restaurant, the people that are hired to get the restaurant licensed, the construction workers that build the restaurant. And then we create all of those concentric circle jobs for all of the people from whom we buy food, and we do advertising. This is how capitalism works, this is how it functions. “

    What is profoundly sad is how so many people don’t get this message or refuse to understand it.  Even before the Obama administration and undoubtedly long after it, there has been a concerted effort to demean the risk-takers and the money-makers.  Unless they take economics courses, students on America’s college campuses are taught that being successful can be a bad thing and that America has committed countless wrongs in the name of capitalism.  In spite of this, I’d be willing to bet that leftist professors and others keen on the idea of wealth redistribution still take advantage of Black Friday deals and other Christmas Sales. 

    Some might argue that celebrating Black Friday is too consumerist or that the whole holiday shopping season takes the true meaning out of Christmas, and there’s probably some truth to that.  The beauty, however, lies in the freedom that makes capitalism possible. That is something worth celebrating.

    So if you’re not inclined to wait outside your favorite store at o-dark-thirty or battle other shoppers for that last HDTV, just remember that the clothes on your back, the food you eat, the car you drive, and countless other things were brought to you by capitalism.  And if that’s not something simple to be thankful for, I don’t know what is. 


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