Friday, April 1, 2011

We don't have capitalism

We don't have capitalism if the government bails out and subsidizes big companies.
We don't have capitalism when the government gives monopolies out to companies who only survive from patent to patent.
We don't have capitalism when the government pays farmers to not grow food.
We don't have capitalism when the government heavily subsidizes the health care industry on the demand side.
We don't have capitalism when the government makes contracts to form regional monopolies.
We don't have capitalism when the government subsidizes defense companies so that they can get a piece of the contracts redirected to their home states.
We don't have capitalism when the government protects and coddles industries like the auto industry until they don't know how to survive on their own in the world.
We don't have capitalism when the government subsidizes green industries like ethanol and require quotas on usage which only puts them in line to be the next disaster like the auto industry.
We don't have capitalism when the government raises corporate taxes so high that companies keep their money out of the USA.
We don't have capitalism when the money supply is so overinflated by the government above the ability of the economy to support it that we are stuck in an increasing cycle of bubbles and busts.
We don't have capitalism when the government fails to address the upcoming economic armageddon when the bulk of the baby boomers retire driving Medicare, Medicaid and Social Security, at least, through the roof.
We don't have capitalism when the bureaucratic nightmare that is our legal immigration system pulls limits out of politicians' heads, not set limits based on the economic needs of the country, and basically tells most good immigrants that you'll have better luck if you try to sneak into the country illegally.
We don't have capitalism when the government thinks they can keep pumping up the money supply and keep a lid on it with their feeble regulatory system which can't keep up with the permutations of financial manipulations that the best and brightest attracted to the financial industry are constantly thinking up.
We don't have capitalism when we only talk about how much the government should be spending on us when real money to pay for all that has long disappeared.
People demonize the capitalism that the USA has, but I don't see it because we don't have capitalism.

2 comments:

Jeni Smiles said...

Out of all 34 OECD countries, the United States ranks 32nd out of 34 in the world, only 2 countries have lower taxes than the United States, and they are Mexico and Chile. The highest taxed country in Denmark at 48.2% but has an unemployment rate of 4.3% in 2009.

Jeni Smiles said...

The government promotes illegal immigration because it provides cheap labor for many industries.