Saturday, September 22, 2012
The biggest problem with Capitalism is that it has exceeded itself. Generally, the'economic engine'in capitalism is the profit motive. Nobody becomes a capitalist because he intends to lose money. Everyone wants a profit. And certainly everyone who goes into business is entitled to make it big. But, at what point, does the question become, " when does making a profit become greed"? When does making a profit, an economic value, cross over to the greedy persuit and hoarding of money. At what point does an economic standard cross over into a moral standard. The effects of greed on capitalism are self-defeating because it deconstructs the economic engine. Greed and accumulation keeps money from circulating. Money is a medium of exchange and is relatively useless for anything else. If its not used in a capitalistic manner, it cannot circulate. Circulation must occur among all the people at the bottom in the form of wages, work, homesteads,and other every-day necessities. The bottom is where millions of people are situated. Greedy accumulation of money is not a plus-factor for a capitalistic economy. Economic value is about exchange and circulation. But, is the issue really capitalism or is it the people or individuals who participate in it? Is the problem with capitalism resolvable by changing the type of economy or by changing the way government works? I hate to say this, but your not going to change everyone. So, does government have a function in a democracy of people, by people, and for people. Or, does government just stand by and see people destroying themselves? Some political parties call,"helping the people", entitlements, others call it socialism. But, in both cases, thats a misuse of the word because those who receive entitlements are actually those in power at the top. In a democracy, no one is entitled to the respect accorded to a president or leader but for the fact that the people at the bottom elevated him or her to the top of government. The top is not entitled to that kind of respect because of some superior human quality. They are entitled to the emoluments of office only because the bottom put them there and only for a short period of time. But, the bottom remains democratic and each and everyone at the bottom is entitled to live in a dignified manner in a condition of togetherness. When money circulates at the bottom in a capitalistic economy, the 'economy' circulates among all the people at the bottom, in the form of wages, home ownership, work, medical services, educational opportunities and all the emenities of life. Lets stop being greedy and lets be more democratic. If government has to step in, let it. It would be nice if governments weren' t necessary, but lets face it, without government the people would self-destruct.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment