Thursday, December 1, 2011

Is "capitalism" starting to end here in the USA?

Is "capitalism" starting to end here in the USA?
I believe in capitalism. I think if people work hard, or are smart, have a special talent they should be rewarded for it. They should make more money than those who do not possess money making qualities. USSR failed because people were not willing to work hard as there were no incentives to do so. I see our country getting more and more away from capitalism and towards government controlled society. China, India, Hong Kong (China), Taiwan, South Korea, and perhaps Japan are currently more capitalistic than we are now. Are we going toward a welfare state? Are we going toward government controlled jobs that give people no incentives to work hard and excel so they can make more money? I'm an immigrant from Japan who worked hard and now financially secure and "rich" because of capitalism. Nothing was given to me! I worked my a** off to get to where I am. Any comments?
Government - 9 Answers
Random Answers, Critics, Comments, Opinions :
1 :
No. People who say that America is becoming more socialist than ever obviously don't know what socialism is and they obviously have never studied American history. Seriously, take a history course and see how socialist America has really been. It's nothing new, it's just the way things are. I work hard too, in an emergency room in the middle of the night. I went to college, I have 2 bachelors degrees and I'm studying for my master's. I was never given anything (unless you count the student loans which I'm paying back, I swear). I worked hard for everything I have and I still believe that sometimes people need help. Not everyone who needs money is lazy. It's possible to help people without being socialist. It's called human decency. Why is this such a foreign concept to some people?
2 :
No, Not if you have a job or are in business for yourself ! Yes if you are a investor if we don't stop the manipulation of the stock market.
3 :
Your argument could have been put forward at any time in our history previously. We are not a socialist country and never will be. But that doesn't mean our government won't do everything it can to make life better and keeping it's markets safe. It's a HUGE LEAP from providing health care to communism. If America is the best system then it has to grow and be flexible because nothing in the universe stays the same.
4 :
Capitalism is for people who want to achieve something by working hard. Unfortunately, there are many folks (mainly Obama supporters)in America who refuse to work hard and expect to be compensated with other people's hard earned money.
5 :
FDR wanted introduce a 2nd Bill of Rights and so do the lefties today. They believe everyone should be entitled to a house, food, good paying job and this will all come with a wage cap at the top which is complete bullshit. China has grown significantly in the last 10 years because they have introduced waves of capitalism in their system
6 :
Every time the government gives something to someone who has not earned it, it must take from someone who has.
7 :
Government control is not good! People don't realize the more the government gets involved, the less freedom we really have. We are carrying more debt right now than could be paid in our kids lifetimes, people who are handed help are usually not motivated to do more, that is just how it is. Unfortunately, you can't just let people starve or go homeless, so it is a catch 22! Glad the decisions are not mine to be made!
8 :
Yes, there is another large push to move the United States to a form of Government like they have in Europe which is more socialist based with some Capitalism. In China they are still Communist at heart but moving closer to a Capitalist business structure with more private ownership. India I don't know enough of to make any strong conclusion either way. What I think is that a lot of people in the United States do not understand the tax levels and the constant unemployment rates that have plagued Europe for decades. Europe's average unemployment was close to 10% before the economic collapse happened.
9 :
Sorry, but I'm going to badly paraphrase something I read long ago "spoken" by W. Churchill, British Prime Minister: "Capitalism is a poor system, but it's better than any second runner up" I know, I have poorly quoted him, but I just wanted to point out the spirit of his message.