Failed Capitalism?


Capitalism has not failed you, we have failed capitalism. It may not be perfect, but very few things(if any) are.  A lot of people tend to think that Capitalism equals greed. I submit that is not so. Greed can and will be found in all types of economic systems. Wherever there is man, there is potential greed. Greed left unchecked is a monster in many forms. True Capitalism does not leave greed unchecked. Crony capitalism or Corporatism requires massive greed to grow unchecked.

True Capitalism requires individual responsibility. If we had real Capitalism many greedy businesses and people would not be so today. Real Capitalism would allow for real competition, and the over greedy would be rooted out. People tend to recognize over greedy and or bad behaviour. Most people when given a choice would prefer to do business with the less greedy. Therefore the more greedy would be forced by the free market to rethink, or go out of business. With limited competition comes ever-growing greed. When your Government treats Corporations like people , but does not hold the people who run the corporation accountable, you have increased potential for ever-growing greed. When we allow the unchecked greedy to give unchecked amounts of donations to our politicians we should expect greed there as well.

WE THE PEOPLE do not have to let that go unchecked. Real reform comes from involvement in local politics first. Not necessarily running for school board or city council, though that would help. Not necessarily with involvement in a political party, but rather for sensible, reasonable issues. Not voting for someone just because of the party, at the same time not discrediting someone because of the party. Get informed early, look outside of our two-party system and professional politicians, some very few are worthy, most seem not. Decide who you like and show support to that person before the parties tell you who you have to vote for. Do that for those votes you cast for those that represent you in Washington as well. Remember, they are our PUBLIC SERVANTS!

If we had real Capitalism employers who mistreat employees would not survive. They would not be allowed to hide behind the corporate structure. There would be more places to do similar work. People would recognize the mistreatment and not patronize those businesses. There would be much more competition in every aspect. The free market, if given options, will prevail. People have just as much, if not more power in their pocketbook as they have in their vote.

True Capitalism derives from personal capital. That is to say that which you have within you. Your guts, your drive, your work ethic, your ideas, and skills. That is capital that you have. It is up to you to make as much or as little with it as you can and or want. Capitalism allows for equal opportunity, not equal outcome. Capitalism allows for huge successes, as well as huge losses, but does not guarantee either. Capitalism does not allow for Government bailouts. Capitalism allows for unlimited competition, not for buying out your competition, then lobbying(paying) politicians to change the rules in your favor.

I am by no means saying we should not have laws for businesses or labor protection. I advocate for more sensical and fair laws that open up all sectors of businesses to increased opportunity for more competition. Overburdensome rules and regulations put in place after a more successful company or companies eliminate the competition, exempting existing conglomerate monopolies from the new rules(grandfathered in), stifles true Capitalism.

There is no other system in the history of man that allows for more opportunity for more people than what this country was supposed to be.

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Mad at wall street?


Are you mad at Wall street for the condition of the country? Well you are partially correct, and very close to the answer.

How is it that the banks and corporations were able to do what has been done? Because they were allowed to do it(legally). Because our politicians keep changing the laws. Both parties do it, and have been for a long time before Bush or Obama. Now, if you want to stop the banks, change the rules.

You want to stop the buying off of politicians? Here are a few things that would be a good first step in that direction. Capitalism is and should be our ECONOMIC system, NOT our GOVERNMENT system.

1. Institute term limits. 8 years maximum for any and all nationally elected servants. If two 4 year terms are enough for any one man to hold the highest elected public servant office of President, that should also hold true for other public servants in lesser offices.

2. Eliminate ALL company and non-profit contributions to political candidates. Only private U.S. citizens should be allowed to donate to any U.S. political candidate, and donations should have an individual donor cap.

3. Eliminate ALL PAID corporate and non-profit lobbyists. Our elected officials are there to serve us, We The People, not anything or anybody else.

4. Eliminate the need for candidates to have to buy advertising to campaign. During election times, media should have the choice to participate. If they wish to participate, then they should provide free equal air time to all political candidates. Local media providing for local elections, and national media providing for national elections.

By no means is this complete, and each point as always needs refining. I feel these simple steps would go a long way in starting to solve some of the issues we have created.

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