Topic: Communications and Media
This story is one more
example of why our country is in such a mess. Capitalism is not the
problem. Government interference in the free market is the problem.
The free market is one of the main reasons our country achieved any level of economic
greatness. Capitalism and free enterprise are indispensable components to
a free society. Indeed, the freedom to trade in an unregulated market is
a major reason standards of living rise among humans. Certainly fraud and
theft, which are not free transactions at all, have no place in a capitalist
society and should be punished when properly proven.
protesting against “Wall Street” or capitalism generally reveals a poor
understanding of the very concepts which advance humanity and raise standards
of living for humans. To be sure, take a look at countries where markets
have been strictly controlled by governments and witness substandard living
standards. Instead of promoting more government interference in markets,
Americans should be vigorously clamoring for the government to get out of the
way and allow the free market to regulate the flow of goods and services for a
change. Other than a selected few government ordained elite, we would all
be better off.