Capitalism - Good or Bad?

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Dorothy Greene once said, “What the American people do not know can kill them”. Not in all cases physically, not emotionally, or spiritually. In the world of today, what we fail to know is our US government slowly killing us financially. What the American people do not know is little by little, we have become captives of debt through the favored policy of many upper class Americans; this is known as capitalism. Also known as the free enterprise system, or free market, capitalism initially emerged in the mid to late 1700's. It grew in popularity and strength as individuals rapidly grew conscious of its benefits in specialization and trade. Obsolete transportation began to grow increasingly more capable and efficient. Natural resources became more abundant. It called for a profit motive and the more you possess, the more you desire. Capitalism in our modern day has become an economic and political system in which a country's trade and industry are controlled by private owners for profit. Many liberals criticize modern day capitalism a system where rich gets richer and the poor stays poor. What the American people do not know is that America was not originally established as a capitalist country. In fact, in our original Constitution, our young nation vowed to work hand in hand; civilians in sync with the government. That system is known as democracy where the peoples’ voices are heard and answers are given. Families were competent to support themselves on only one income, the value or the US dollar was worth more, pensions were untouched, and our education was among the best in the world. Having watched Michael Moore’s 2009 documentary “Capitalism: A Love Story”, the reason why we have slowly abandoned the ways democracy is self-indulgence. Jimmy Carter, a not-so popular president of the nation's history, once avowed the reason why capitalism is steering in the wrong direction is because, “People have become greedy”. In actuality, it was a...
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