In my previous blog "The Wealth of Families" I tried to use capitalism to support the notion of charitable family trusts. That was a misguided adventure. Many thanks to Dipak Dholakia for making several excellent points regarding that blog. Adam Smith wrote "The Wealth of Nations" long ago. In todays world, Adam Smith offers nothing for either nations or families. In America, all colleges and universities still teach sudents that there are only two kinds of economic systems: the "free" enterprise system (capitalism), and "command" economic systems (communism and socialism.) Students think the only choice is between being "free" or being "commanded." Economic thought in America has been reduced to a choice between Adam Smith and Karl Marx. Living in India, a person might believe Americans are free to think and form their own opinions. The real truth is that the conditioning in America runs very deep. We Americans have become very comfortable in our material wealth. We have become so comfortable that we don't even feel like what we are - endentured servants. Of course, there are many alternatives to capitalism, socialism, and communism. One of the best is Binary Economics. However, American social conditioning requires that responsible people support capitalism. We don't call it capitalism - we call it free enterprise. Sounds better. Just like we call debt cards "credit" cards - sounds better.