Quote:
Originally Posted by rich iwaszko
hi,
capitalism has proven to be the best economic system in the world. We are in fact better off then people in any other country as large as ours. The problem is, as any economist will tell you, the result of rampant capitalism is socialism. When the workers of a country are getting abused some social programs are needed to stabilize the situation. Examples, minimum wage laws, social security, unions. We have in fact looked to other parts of the world for cheap labor, as our labor is no longer cheap, and cheap labor is the coal that stokes capitalism. So we don't make anything anymore. We have become middle men for their products. Cheap labor has long been abused and still is, it's just not our people. My point here is that we have to accept some social programs so that capitalism won't disappear leaving total socialism and military rule like in many other countries. The trick is the right social programs. All thoughts are welcome..........
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capitalism fueled by manifest destiny has created the greatest work force in the world creating for the most part entry into a middle class which other repressive models of countries do not allow. The best part of our system is how our small businesses employ people with little skills and empowers them to seek better higher jobs as they work their way towards higher better paid skill sets by attending small colleges, 4 year schools, vocational training schools. These workers are nearly 50 % of our entire work force and are the highest group to start up new small businesses therfore creating a self sustaing chain reaction to grow.
In terms of social programs the ones that allow you to become a permanent beneficiary eg. Project apts being passed down generation to generation are the abject failures, along with higher paid benefits for the more children they produce.
Social programs need
firm cut off points and mandatory retraining so they join the work force at the small business levels and hopefully move up from there to higher paying careers