ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Has American Capitalism Run Amuck?

Updated on August 5, 2009

I have always believed in capitalism. I grew up in a conservative family full of hard core republicans, but then with a few twists of fate, I began to view the ideology of capitalism from a different angle.

In general, most conservatives view capitalism as all the support and moneys should go to the wealthy because they are the job creators, and that essentially based on the theory of trickle down economics, all money will trickle down to middle and lower classes, and everyone will be just happy as a peach.

Well there may have been a time in American history where this actually worked. I believe that based on recent events with our banking system has shown us that this idea will not work in today’s environment. Our democracy and idea of capitalism was created to work only in a God fearing christian society. We no longer live in a God fearing christian society. The men of wealth and power today essentially have turned from the barriers that are set by a strong conscious, and a fear of god, so among the most powerful and wealthiest leaders in America, greed is for the most part not even a thought.

The upper class has grown way too greedy for this to work anymore. In america you have people going broke, families breaking up, American citizens living homeless in the street, and suffering from some very real pain, and at the same time, you have CEO's, bank executives, and hedge fund managers making and hording to themselves millions and billions of dollars a year.

If this does not wake Americans up, I don't know what will. I believe that president Obama does have a socialist ideology, and agenda. I think that it is time that America began to really think about some of the benefits of leaning towards a mildly socialistic society with a hint of some form of wealth distribution.

I know that all the conservatives use the terms socialism, and wealth distribution as bad words, and they always refer to how some countries with extreme instances of socialism and wealth distribution don't work well, but what they don't understand, is that America can make many things work that other countries would never have the ability to work well, and that for example, their are many countries that could and will never be able to make democracy work well, but America has and can.

I mean really lets think about this, does a CEO really need to earn 80 million dollars a year, and keep over a billion dollars in his bank account, own multi million dollar homes all over the world that they have never visited, while other Americans whos parents and grand parents have fought for an American life, and paid dearly into a system that promises life liberty and the pursuit of happiness for themselves as well as their kids grandkids, and great grandkids, and that perhaps thier kids, grandkids, or great grandkids fallen on hard times with bad health, poverty, no health insurance and or perhaps living in the streets, and theres no money in the system to help lift them up.

think about it...

Awesome Campground in Blueridge, Ga.

working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)