Michael Moore's new movie discusses Capitalism and often leaves viewers with a disliking of the capitalist, free-market system. The movie has been viewed as offensive by some and as true fact by others.
Capitalism is not at fault for our economic distresses, Wall Street doesn't even own a large portion of the blame. The real culprit behind our economic worries is government. Our government has created an economy based solely of service industries like banking. Through our broken tax code and other government action we've managed to outsource most manufacturing and by doing so we've created a volatile economic environment.
Production of necessary goods and agriculture give stability to an economy, they are industries that do not rely on risks to make money, they rely on the necessity of their products. Government has, however, practically killed manufacturing and most agriculture in the United States.
Capitalism is a great economic system-it's the only one with a decent track record. Capitalism with severe government intervention, however, is a volatile roller-coaster.
Wednesday, October 7, 2009
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1 comments:
Capitalism IS a great economic system.
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