a reply to: BO XIAN
This post is about capitalism... Not about all economic systems.
I believe corruption and greed find their place in all systems, right now we are dealing with the greed of multi national corporations along with a
federal government. Our government represents businesses more than they do the people, and businesses represent themselves and care for profits more
than the people that work for them, etc.
I'm not arguing that capitalism is the only system that will go bad. It's what we are dealing with, though.. I think adaptation, change needs to
happen in any case. Replace the people within our government, write new rule and trade agreements, get rid of old ones, etc... Since capitalism got us
in the current mess we are in, we probably need to try something new.
Maybe something more libertarian, maybe something more like social collectivism where we attempt to have a small but efficient government in which
organizes the safety nets for us.
Or maybe something else altogether. A system in which helps create a more free market with less regulations, fair trade agreements, and is
America-centric rather corporation-centric.
I'm advocating change - not specifically in one direction, but to keep blabbering about how capitalism is the best thing ever and how free and
capitalistic America is won't help anyone. Things will stay the same, we will not progress if we think the current situation is the best we can do.
I don't think wage caps should exist but I do think a truly free market would certainly limit what wages a person could earn. If consumers were
responsible and educated, monopolies or huge corporations couldn't exist. Profit gouging couldn't exist. If the people were educated that their dollar
speaks much louder than any corporations business model.... Things would change.
Right now, we are taught that we are at the mercy of our Benevolent job creators. We are taught to be grateful for a minimum wage job, that we should
be for scraps. This isn't a responsible society. We are not being responsible and collectively boycotting such conditions, we are not educated to know
this is possible.