Why Capitalism may be Anti-Americanism
Why Capitalism may be Anti-Americanism
Capitalism is a concept of trade and business freedoms which were made in America. It is one of America’s contributions to the world economy. Capitalism in America is what made it possible for this country to grow into the most powerful Nation in the World today. The government in the days of America’s rise fought for and gave the new immigrants the land to live on and prosper. Many worked the land and went to town to purchase supplies. Supplies were brought to town from cities by trains or wagons, mostly wagons some with 20 mules. As many towns and settlements turned into cities capitalism’s growth was slow but sure in America and in foreign trade. The cotton gin made cotton king and brought more capital investments (wealth) to the United States than any other execution of capitalism at that time. Southern cotton and northern steel and industrial factories put American capitalism on the World stage. The Government gave the railroads land and tax breaks to lay rail north, south, east, and west from coast to coast to improve commerce and expand capitalism. The growth of commerce and capitalism in America exploded when President Eisenhower decided to build a Federal highway (The Interstate System) throughout America to improve the distribution of goods and services. States couldn’t afford to upgrade or improved their roads and bridges and the private sector couldn’t make a profit so Ike stepped in and did what only the public sector would do for the benefit of the public.
Capitalism is in simple terms, the sale of goods and service for a profit. Capitalism is not like socialism which involves giving away or sharing of goods and services without profit. Communism involves state control of goods and services with state profit only. There are other social ism’s, I’ll just mention these three because, and these three isms are the main ingredients of Americanism. The sale of Goods and services for profit, what could be wrong with the concept of capitalism? Well…capitalism can and has transformed from a concept that made the nation stand tall and now is bringing the Nation to its knees. After the Boston Tea Party ended England’s taxation of Americas profits for the sale of goods and services in America, the capitalist profits were almost tax free and unregulated. Today Capitalism is still unregulated and capitalist still want to pay as less taxes as possible, and no taxes if possible.
In the last 30 or so years Capitalist have bought and sold everything including, America. The Private Sector (capitalist) has bought the Public Sector (Federal and State Governments). State governments have sold and leased state highways and bridges to foreign capitalist to maintain and charge the American public a toll for driving those highways. Whatever profit that the states make on such deals the public will not benefit from or will they be made aware of details or intentions of such deals. States are selling to the private sector schools and prisons and the cost of educating our children and incarcerating our criminals has skyrocketed, the services are unchanged or worst. Capitalism and Privatizing isn’t always the way to solve public problems. After Katrina New Orleans public teachers were all fired. Today Teach for America’s inexperienced young teachers are trying to teach troubled inner city kids, they last a year or so, just long enough to staff another failed chartered school funded by public monies. Charter Schools is another name given to private schools funded by public monies. In most cases they get to pick and choose their students and busing starts before sunrise about 5:30 am. In these privatized schools Principal’s starting salaries is about $130,000 yearly the fired principles salaries was around $65,000, again the private sector cost the public more money for less quality public service. Capitalism unchecked and unregulated leads to greed and fraud which cost the public and non-capitalist never ending cost of living rise, for profit sake. If capitalism was fairly taxed, reformed, and regulated there would be no national debt crisis and the cost of living would be less because profits would be less and prices would be rolled back because the private sector will have to compete with and not buy out and destroy the Public sectors. Capitalism has got to be amended and regulated to arrest Greed and Fraud or capitalism will destroy Americanism and then, America.
February 1, 2012