Wednesday, December 22, 2010

American Capitalism, wealth and freedom* for the elite.

Capitalism, the tool by which economics function in America, is at best the economic theory of freedom, at its worst it is the legitimization of predatory commerce. Like in all things we endeavor to undertake, human nature is the fulcrum of morality. I hear the term "in a perfect world" quite often and in most cases the perfect world is one without the dark side of human nature. Capitalism and human nature interact in a multitude of ways, I will touch upon only a few here. Once an entity gains the amount of commercial success, or political leverage it takes to be able to change the rules of the game, are they still operating under capitalism, or are they then ABOVE the capitalist model? Balance in all things is another term I frequently hear when investigating success. Should it be considered balance when one player in the game rises above the rules of that game? I think not.
     I have heard from strong believers from the various political factions that commerce is the end all of our society. I cannot argue that it is not one of the most important aspects of a society, and would not attempt to do so. But where we the people rank in comparison to commerce is the key to how much power commerce should be able to wield over society. As Communism has proven in it's execution theory and human nature often conflict to the detriment of the whole. Pure theory cannot cover all of the bases of societal impact upon any institution, and human nature(dark) must be protected against, by introducing regulations which allow the commercial freedom intended with capitalism, and at the same time limit the amount of control over the entire system by any one or group involved, and protecting the constitutional rights of the citizen.
   One group of Americans, the elite wealthy, fight and claw to stay at the tops of their respective hills by means of circumventing the laws set in place to protect the nation as a whole by, among other things, combining media, food, pharmaceutical, chemical, financial and other industries into huge conglomerates in order to implement guerrilla marketing upon the other group, John Q Public. This goes beyond Capitalism in my eyes, takes the entrepreneurial spirit right out of the individual knowing that the deck is stacked against you if you want to innovate and bring new things to the table. You can go and become a cog in the machine all you want, just do not compete or you will be destroyed.
  Many times this has been shown to be true: Tucker automobile, the guy who invented the windshield washer, etc.Those examples hail from the 40's -60's and they at least had some regulation back then. America is at her most vulnerable when one part of the whole becomes so powerful that it controls the entire environment of commerce and society.
   I think capitalism is a great theory, and allows the freedom of the entrepreneurial spirit to run amok, but human nature must be regulated against, and the threat of too much power in one place must be guarded against. Commerce in America has a choke hold on our society, it wants its money, and does not care how it comes. Commerce has no morality, and is only concerned with profit.

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