Why Capitalism is the Best

In simple terms Capitalism is about individualism whereby most other systems are about groups, collectives, large government control etc. It is about allowing people to attain success in an environment that provides the opportunity for everyone to make their own choices on how they want to live their lives. Some government intervention is necessary within Capitalism to perform tasks that facilitate the ability of people to live and co-habit in a society. The enforcement of"common sense" rules and laws, the protection of the state, and the care of those in society that truly (mentally or physically) can't look after themselves. Beyond that it is up to the individual to forge his/her future. Entrepeneurs can start businesses and these can grow into Corporations that bring wealth to everyone. It is not only the owners that gain but it is every person that works in the organization and usually thousands that just interact with the business. The degree of wealth is determined by many things, ingenuity, risk taking, intelligence, and hard work. Where a person ends up on this scale is determined any one or all of these things. For instance ask yourself why the CEO of General Motors is in his position and you are in yours. Somewhere during your life you made choices and these most certainly effected your outcome. Perhaps you decided to drop out of school and go work in a factory which is fine if it is the choice you made. But to denegrate the CEO because he makes two million a year and you make $50,000 is wrong. He stayed in school went to college and earned a MBA and then worked his way up in management to achieve his status. That doesn't mean he is more intelligent than you it just means he chose education and a different path for his career. Maybe you are part of a union which is a collective and you have turned over your individual decision making to this body. How much you make and how much leeway you have is now predicated on what a group decides for you.I'll get back to this but for now lets jump back in history and look at the USA who embraced Capitalism in its purest sense decades ago. They have grown into the richest Nation in the world and with that comes the highest standard of living in the world. If you compare poverty in the USA to poverty in any third world Country the differences are striking. If you are under the poverty line according to the USA standard, you will still have a car, a roof over your head, emergency medical care, a TV, food for your table etc etc. Furthermore I would venture a guess that those in this category made their own choices to get there and are probably continuing to make them today. The folks in third world poverty do not even have food and water much less anything else so this reflects the plight of the poor in a non- Capitalistic Society. The point is that punishing Corporations or entrepeneurs because they are successful does nothing but hurt everyone in the food chain. Also everytime the Government takes over some part of the free market economy it negatively affects the Capitalist model which in turn has a negative domino effect on the economic system. In Europe and Canada these Countries chose to stray from the Capitalist model and move towards socialism, which they could, because they were thriving through trade with the USA and its burgeoning market. Essentially people signed up for a type of "union" which requires you to pay dues (taxes) and decisions are made for you. Now the USA is being pounded by debt and a large Government monster that is growing by the minute under the left wing ideology and these other Countries have to sit by and wring their hands because they do not have a true Capitalist system as a base from which they can rebuild their own economies. They have to rely on the USA and I believe in the end the American people will choose to remain within the Capitalist system. If not hold on.