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Why Capitalism may be Anti-Americanism

Updated on July 12, 2016


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

junko

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  • profile image

    Omisaide 

    14 months ago

    Thanks to Woodie Wilson the Glass Stegall act was repealed. Eisenhower's last rebuff on vulture capitalism ringing true to today....from European feudalism to imperialism and colonialism that produced capitalism....the sins of the father revisited upon his son?

  • junko profile imageAUTHOR

    junko 

    24 months ago

    Without The Federal Government (Big Government) help and tax payer's dollars American Capitalism would have failed as an Economic Concept. Now without The Federal Government's tax and dollars Americanism will fail as a Concept. We The People are not Capitalist, we are the victims of Capitalism( The Prey).

  • junko profile imageAUTHOR

    junko 

    2 years ago

    The President said today that we are all Americans and that includes Capitalist. What say you?

  • junko profile imageAUTHOR

    junko 

    2 years ago

    Should a successful self described capitalist be The President of the United States and if so what can we hope will happen?

  • junko profile imageAUTHOR

    junko 

    5 years ago

    Otis, thank for stopping by and commenting.

  • profile image

    otis 

    5 years ago

    you may have a point on this post, junko.

  • junko profile imageAUTHOR

    junko 

    5 years ago

    I will be happy on that day, Mary

  • profile image

    Mary Wells 

    5 years ago

    Junko, i wish to thank you for your political views. One day soon i will try to write.

  • junko profile imageAUTHOR

    junko 

    5 years ago

    The word Regulation is hated by conservatives and capitalist, but government controls have been twisted to mean, lost of freedom for the common man. The common man has been duped to support the freedom of capitalist to do anything they want without any regulations. Thanks again, for your encouragement, jandee

  • jandee profile image

    jandee 

    5 years ago from Liverpool.U.K

    Hello Junko,

    nice to read something that I agree with mostly. Capitalism has twisted and turned and is now eating itself. It can only work for a certain length of time and that time has gone.

    As we all shop daily we see the goods in our shops -World-wide from China so shouldn't that say something.....

    best from jandee

  • junko profile imageAUTHOR

    junko 

    6 years ago

    Mr. Happy, Iam grateful that you took the time to read a few of my hubs and comment on each.

  • Mr. Happy profile image

    Mr. Happy 

    6 years ago from Toronto, Canada

    "Capitalism in America is what made it possible for this country to grow into the most powerful Nation in the World today." - I think America also benefited from the fact that it was able to lend money to European countries during the World Wars, while it never suffered any internal damage, except perhaps Pearl Harbour but that really wasn;t much in terms of infrastructural damage. Thus, after two World Wars America came out without a scratch (minus of course, all the brave soldiers who died and/or came out injured) and that is a main reason for the boom in the 1950s. While most countries in Europe were picking themselves from the rubble (some countries had war reparations and so on), the United States was more or less just bathing in the Sun and collecting its debt from the war. Also the Millitary Industrial Complex flourished due to these two big wars. To this day the Millitary Industrial Complex runs much of your country's foreign affairs and economy.

    I agree with You that regulations are necessary in order to control greed. Greed is an addiction many people have fallen pray to, world-wide.

    The educational system needs major revisions too. That is going to be hard though because the status quo likes to have an uninformed and uneducated population, in order to control it easier.

    Thank You for another thoughtful piece of writing. I am grateful for the conversation.

    All the best!

  • junko profile imageAUTHOR

    junko 

    6 years ago

    Yes Connie, unregulated Capitalism and the world economy can and will make weak America's economy and labor.

  • Connie Smith profile image

    Connie Smith 

    6 years ago from Tampa Bay, Florida

    Who needs war? We are being taken over economically by China.

  • junko profile imageAUTHOR

    junko 

    6 years ago

    Thanks Connie for your comment and encouragement.

  • Connie Smith profile image

    Connie Smith 

    6 years ago from Tampa Bay, Florida

    I knew I liked you too. You make sense.

  • junko profile imageAUTHOR

    junko 

    6 years ago

    It is aways good to hear from a real man. Yes,the burden of continued and unending rising pricing is being forced upon the poor and working class. Unregulated Capitalism has created monopolies rather than competition and price control. Thanks for passing by and talking

  • profile image

    real man 

    6 years ago

    I like the article a lot and agree strongly with you about the isms.And if we don't watch it, we won't even be able to afford a house because of the taxisms and insuranceisms that's being forced upon us (the so-called middle class)who seems to pay for everything. Good read junko keep up the good work my bro.

  • junko profile imageAUTHOR

    junko 

    6 years ago

    Mary thanks for always encouraging and making me believe my writing is worth reading. Thank you very much and please consider joining hubpages. There is no pressure to write anything,but the exposure to the hubpage community may be an encouragement for you to write something. Thanks again, and think about being a member.

  • profile image

    Mary Wells 

    6 years ago

    Capitalism is a two edge sword junko, and you did a good job explaining it's role in America. Your articles are very informative and well written.

  • junko profile imageAUTHOR

    junko 

    6 years ago

    I believe as you do Anne, no ism can stand alone for long. America must be all inclusive to last much longer. Greed and Exclusion don't support in a positive way human developement in society. Thanks for talking, Servant of God.

  • Anne Pettit profile image

    Anne Pettit 

    6 years ago from North Carolina

    Good hub junko! I believe our society has become too complex to be any one thing. Capitalism is good, but some socialism is neccessary to maintain stability and good conditions for capitalism, not to mention humanity.

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