Thoughts on Capitalism

                Has Capitalism out used its usefulness? I believe that Capitalism is good when it works, but it has become out dated and faded in our country. Capitalism is a good system when the wealth is evenly spread out throughout the social classes. Once all the wealth becomes stationary in the “one percentile”, capitalism falls down the tube.

                Capitalism started during the 1600’s when times were rough for the lower class. As the merchants and lower class started their own businesses and become wealthy, they started to become powerful in government. The thing about it is that the feudalism governments of the time supported this new concept! This is how capitalism got started!

                People in politics today argue the Barack Obama is turning our capitalistic government into a socialistic government. Socialism in my opinion is just barely a step above communism. It is taking a step toward more government control in everything that a person does. In a capitalistic government, there is only a slight presence of government control. With the new technology and policies of our day and age we are straying very far away from that “slight presence of government control”.

                I like in the quote by Martin Luther King Jr. how he says, “And yet I am not opposed to capitalism that I have failed to see its relative merits”. This shows that a very educated man even thinks that a capitalistic government can have a large downfall to it. Martin Luther King Jr. pretty much says, yeah it is a government, but it isn’t a well put together government. Capitalism gets the job done, but only for a little while.

                I believe that the United States should be declared “capitalism”, but we should maybe try to adopt some of the policies that socialistic countries do. Reading about some of the countries that have a socialistic government is very interesting. Some of the countries that have a well-ran socialistic government; have the highest literacy rates in the world. Finland has a literacy rate of 100%. A lot of these countries also have great health care and education systems.  Another interesting fact is that in Denmark, small businesses thrive. The government helps out these small businesses greatly because they know how important they are for the economy.

                I believe that a government that could have a happy medium between capitalism and socialism would be a good step. However, all governments have their weaknesses and time is one of them. Over time every great government will fail in one way or another. So is there really any good form of government?