Capitalism

Does America, the best example of Capitalism, even know what Capitalism is ?

NO. It seems like they do not. The most thriving people in the world are us (the inhabitants of the great United States). Our system (up to now) is based on capitalism. No other country has it as good as ours. Many keep coming to our country seeking our system and freedoms because they know we have the best system. Yet, can you believe that this system is under attack. It has been slashed at on the corners through the last two decades, however, it is under major attack right now. I will explain in a minute.

To understand capitalism, you must also understand socialism and communism. Capitalism is a free markets where people and businesses can sell and buy products from each other. There are no regulations on prices, etc. It relies on people selling and buying things, setting their own prices. Frankly if something is a bad idea under this plan, or if a buyer is trying to sell something too expensive, people will stop buying it. So it regulates itself. It works so well. If there was no involvement from a government, there is no such thing as a "bad economy" or a "depression". Because in a free market system, it would self-correct. In this system, everyone has an incentive to produce high-quality products and have low prices when there is competition. It corrects itself, if something is made poorly or doesn't work, then people stop buying it, then that person will go out of business. But new businesses can be started, there are so many beautiful things about capitalism. It isn't a perfect system, but none are. It is, however, the most perfect system out of all of them.

Socialism has been tried several times. This is where there are many things nationalized by a government, and leads to high taxes. In this system, the government owns everything. In this system, people never are able to afford anything and their money can't buy anything because everything is nationalized. So for example, health care there are often long lines and you are denied service, leading to death in some cases. It is very frustrating because even if you manage to find money from somewhere, it doesn't matter - you get poor service. Most countries who have followed this system, are in dire straits, their countries are in debt, their people flee to other countries to earn money, and get health care or other services they need. Countries who follow this regime, have shown over time a very low standard of living.

Communism has been tried many times, and failed every single time. One of the best known example of Communism are countries led by dictators, one of the widest known Russia. That was a huge failure. It basically means everyone works, everyone shares everything. But really there is a lot of corruption. When there is no way for people to make more money than another and they have a poor standard of living, then there is no incentive to do anything, and what you are left with is nothing. It has failed everytime it was tried. Russia now is more democratic, they even implemented a flat percent tax I believe 12%. They have reported nothing but success. They no longer have the debts they faced, and they are more stable.

Truth be told, Capitalism works! Everyone is learning from our model.

However, over the last 2 decades there have been jabs at capitalism in our country. There have been regulations made by people in Washington who do not understand the first thing about what makes our country great. They listen to glut and the ears of special interests. There are key industries that have started to fail. If you look at the industries that are failing in the industry, there are regulations which do not allow them to be profitable. For example, the car industry which is one industry which is failing. They have regulations on what types of cars they must make. Really it should be "let the people decide". In a free market, if people don't like a car they won't buy it. Washington has been regulating that cars have to be certain economy types, and many other things. Fact of the matter, people still continue to buy big SUV's by the droves, even though they have the choice to buy economical cars. If the people wanted economical cars, they would buy them. They shouldn't be forced to build cars by the government that people don't want. Why do you think one reason they are going out of business ?

There are several regulations on banks also. So federal and state regulations on industries / businesses stifle growth. Look at every industry that is failing today, and you will likely find a union. Unions lead to so many problems because they hurt everyone. They most times force a business to agree to things which will increase their overhead and they will have less ability to make a profit. This leads to people losing jobs, and less money in the economy.

Our biggest threat on capitalism is happening today while people are not paying attention. President Obama is a deep threat and has already attacked our system. Now, we have the government deciding on where to throw money - at industries and businesses of their choosing. They now have a centralized bank - which is no longer a capitalist environment. This is extremely bad, it is affecting the ability for banks to compete and operate freely in the market. They now have czars in a few industries which pose a deep threat, imposing more regulations than ever. They have introduced limits on income for the banking industry, automobile industry. They have told businesses to stop having meetings in Las Vegas thereby no more tourism or revenue is going to Las Vegas. They now have ownership in General Motors and basically trashed everyone who used to own it. They are arbitrarily deciding who does what. They have made so many threatening moves like this. They are socializing healthcare also. We already had nationalized healthcare for the military, for veterans, and I fail to remember another one. All of them have been a disaster, why do they think an even bigger one will succeed? Even other examples of Canada and other countries have failed, people have died from all of this. Yet we have the "gall" to try this again. Our "capitalism" is no longer the model of success we've enjoyed.

I hope we stop the direction this is going and can restore what it used to be. If we fail to stop these changes, then our standard of living will be what others have. We will no longer be the beacon standing for everyone! We will no longer be able to operate as we have. We will no longer be able to offer charity to others, because we ourselves will need charity.