{"id":2309,"date":"2015-02-07T11:10:01","date_gmt":"2015-02-07T10:10:01","guid":{"rendered":"https:\/\/www.simtrade.fr\/blog_simtrade\/?p=2309"},"modified":"2024-03-24T19:28:15","modified_gmt":"2024-03-24T19:28:15","slug":"eloge-capitalisme","status":"publish","type":"post","link":"https:\/\/www.simtrade.fr\/blog_simtrade\/eloge-capitalisme\/","title":{"rendered":"Un \u00e9loge du capitalisme\u2026"},"content":{"rendered":"<p><strong><span style=\"font-size: large;\">Note de march\u00e9s de Jean-Marie Choffray<\/span><\/strong><\/p>\n<p><a href=\"https:\/\/orbi.uliege.be\/profile?uid=p000682\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" style=\"padding: 5px;\" title=\"\" src=\"\nhttps:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2024\/03\/img_SimTrade_Photo_Jean_Marie_Choffray.jpg\" alt=\"\" width=\"133\" height=\"176\" align=\"right\" \/><\/a><\/p>\n<p>Peut-\u00eatre devriez-vous ne pas lire cette Note de March\u00e9s\u2026 ? Je crains qu\u2019elle ne corresponde pas au go\u00fbt du jour\u2026 Particuli\u00e8rement en Europe, que d\u2019aucuns n\u2019h\u00e9sitent plus \u00e0 qualifier \u2013 pourquoi donc ? \u2013 de nouvelle URSS ! Mais, il est encore temps de passer \u00e0 autre chose\u2026 Un homme averti en vaut deux !<\/p>\n<p>\u201cThe great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.\u201d (Milton Friedman)<\/p>\n<p>Ainsi, le \u201ccapitalisme\u201d, en tant que syst\u00e8me \u00e9conomique reposant sur la libert\u00e9 d\u2019entreprendre et sur le droit de disposer du fruit de son travail et de son \u00e9pargne, n\u2019est-il certainement pas le \u201cmeilleur\u201d des syst\u00e8mes&#8230; Mais, et comme semble le sugg\u00e9rer l\u2019histoire, lorsqu\u2019il est encadr\u00e9 par un Etat visionnaire et responsable, c\u2019est le moins \u201cmauvais\u201d d\u2019entre eux. \u201cThe cleanest dirty shirt\u201d, comme le disent nos amis, de l\u2019autre c\u00f4t\u00e9 de l\u2019Atlantique.<\/p>\n<p>Au risque de me tromper, toutes les exp\u00e9riences qui ont \u00e9t\u00e9 men\u00e9es dans le monde en mati\u00e8re d\u2019\u00e9conomie dirig\u00e9e et d\u2019Etat providence se sont av\u00e9r\u00e9es \u00eatre des \u00e9checs. En termes relatifs, au moins ! Et, si notre soci\u00e9t\u00e9 a rarement \u00e9t\u00e9 aussi in\u00e9galitaire qu\u2019aujourd\u2019hui, ce n\u2019est assur\u00e9ment pas par manque de pression fiscale, ni de redistribution sociale\u2026<\/p>\n<p>La r\u00e9alit\u00e9 est en fait bien plus simple. Elle est en quelque sorte inscrite dans notre \u201cADN\u201d. Personne ne s\u2019occupe de ce qui appartient aux autres comme il s\u2019occupe de ce qui lui appartient ! Cette observation vaut dans tous les domaines. Semblerait-il, sans exception ! Croire ou exprimer l\u2019inverse serait faire preuve d\u2019une grande na\u00efvet\u00e9, voire d\u2019un coupable machiav\u00e9lisme.<\/p>\n<p>C\u2019est pourquoi la situation \u00e9conomique complexe \u00e0 laquelle nous sommes tous confront\u00e9s \u2013 pas seulement en Gr\u00e8ce (voir GREK) \u2013, invite \u00e0 l\u2019humilit\u00e9 et \u00e0 l\u2019objectivit\u00e9. Il n\u2019y a pas de solution honorable autre que la croissance \u00e9conomique responsable. Croissance, sans doute plus respectueuse de notre environnement. Et, il n\u2019y a de croissance \u00e9conomique responsable que celle g\u00e9n\u00e9r\u00e9e par des entreprises priv\u00e9es, efficaces et respectueuses de la Loi. Contribuer au financement de telles entreprises pour les accompagner dans la conception et la commercialisation des produits et services sur lesquels repose notre mode de vie, pr\u00e9sent et \u00e0 venir, est une mission \u00e9minemment utile. Reconna\u00eetre et mettre en valeur le r\u00f4le vital des entreprises priv\u00e9es, et cr\u00e9er les conditions juridiques, sociales, technologiques, financi\u00e8res et fiscales de leur succ\u00e8s, devraient \u00eatre au c\u0153ur de la \u201crenaissance\u201d europ\u00e9enne. Tout syst\u00e8me \u00e9conomique qui permet de contribuer activement au succ\u00e8s de telles entreprises performantes, et\/ou d\u2019en partager les fruits, dans le respect de la libert\u00e9 des autres, est donc n\u00e9cessairement LE syst\u00e8me dont il faut s\u2019inspirer\u2026<\/p>\n<p>Quant aux march\u00e9s, ils poursuivent la r\u00e9vision de leurs hypoth\u00e8ses de croissance \u00e0 venir. Ce qui touche quelques dossiers embl\u00e9matiques : SSYS, GPRO, RIG, FSLR, SCHN\u2026 NBG et autres BABA !<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Note de march\u00e9s de Jean-Marie Choffray Peut-\u00eatre devriez-vous ne pas lire cette Note de March\u00e9s\u2026 ? Je crains qu\u2019elle ne corresponde pas au go\u00fbt du jour\u2026 Particuli\u00e8rement en Europe, que d\u2019aucuns n\u2019h\u00e9sitent plus \u00e0 qualifier \u2013 pourquoi donc ? \u2013 de nouvelle URSS ! Mais, il est encore temps de passer \u00e0 autre chose\u2026 Un &#8230; <a title=\"Un \u00e9loge du capitalisme\u2026\" class=\"read-more\" href=\"https:\/\/www.simtrade.fr\/blog_simtrade\/eloge-capitalisme\/\" aria-label=\"Read more about Un \u00e9loge du capitalisme\u2026\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2309","post","type-post","status-publish","format-standard","hentry","category-contributors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Un \u00e9loge du capitalisme\u2026 - SimTrade blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simtrade.fr\/blog_simtrade\/eloge-capitalisme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Un \u00e9loge du capitalisme\u2026\" \/>\n<meta property=\"og:description\" content=\"Note de march\u00e9s de Jean-Marie Choffray Peut-\u00eatre devriez-vous ne pas lire cette Note de March\u00e9s\u2026 ? Je crains qu\u2019elle ne corresponde pas au go\u00fbt du jour\u2026 Particuli\u00e8rement en Europe, que d\u2019aucuns n\u2019h\u00e9sitent plus \u00e0 qualifier \u2013 pourquoi donc ? \u2013 de nouvelle URSS ! Mais, il est encore temps de passer \u00e0 autre chose\u2026 Un ... 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