Thursday, November 26, 2009

Capitalism

Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. Under capitalism the state is separated from economics (production and trade), just like the state is separated from religion. Capitalism is the system the system of laissez faire. It is the system of political freedom. This form of government, capitalism, is the ideal society. It is the most efficient and profitable form of government that has ever been. Anyone who supports and promotes this type of government is known as a capitalist. America is, although far from perfect, by far the best example of what true capitalism is. Although sadly today, our government is turning us away from true capitalism by buying up large corporations like General Motors. This type of behavior is not capitalism. In a true capitalistic society, General Motors would have simple gone out of business, and their shoes would have been filled by their competition. This type of behavior would be a true capitalist society.

No comments:

Post a Comment