I have been giving it deep thought for a while, and I came to the conclusion that capitalism is not broken. It simply suffers the same problems experienced post 1900. We are witnessing unprecedented monopolization by corporations. Every day we see more powerful mergers, corporate buy outs, or the elimination of competitors. The US government has failed to contain this, and corporate competition is at a all time low. "To big to fail" companies like HKBC and EA, have pretty much taken their respective market areas. So, what is capitalism without competition? Its called corporatism, and when companies stop fighting with each other, who's left in their way? Nobody that is. What are the benefits of competition? Infrastructure, jobs, ingenuity, corporate spending, hyper inflation. The industrial revolution was fueled on the same things. Ruthless competition between money bags led us to new heights. I consider myself a liberal, but not for the same reasons people might think. Its because the right wing continues to support corporate monopolies. Conservatives often talk about competition, but why are we not allowed to act on it? Why must we continue to selectively subsidize corporations? Why can't we break up big banks? What is stopping us from flooding the gates of the Rio with competitive workers? Have people forgotten what capitalism is? Its not keeping a few powerful people on top. Its about making people so ruthlessly competitive, that they fight for what little money they have with their lives. Its about supporting ingenuity and new thinking. Not allowing fat bag CEO's sit on their pile of wealth. They should fear for every dollar in their wallets..... Will my stocks fall? What will happen if company (B) signs the steel contract? Should I raise salaries, or will it hurt my profits? Corporations no longer ask these questions. They simply lay in a bathtub of cash, with no worries about where their money is going. They have no one to oppose them. No one to make them work. That's right, the so called "job creators" are not working. They are "to big to fail", and that needs to change. We need policies that allow even bigger moneybags give them a scare. Now, before you ask me what we should do, the answer is really quite simple............. - Subsidies need to end, or be shared between all companies. They insure that only certain corporations sits on top. - Designated tax zones need to be implemented for multi national corporations. Make America the place to do business. Screw protectionism, allow the rich to come in and stir some good ole fashioned capitalism. Lower corporate taxes for people outside the US. This will make us more than rich. - Break up the monopolies. Both sides of the political coin have been responsible for keeping "to big to fail" companies around, and they hinder competition. - Repeal tax cuts to the rich. Small business can't compete individually, but as a whole they present a threat. Why do the 1% get to start our ahead of our precious small business owners? - Flood the nation with selective immigration. Provide a haven for the intelligent world wide, the experts, and the uber geniuses. Education is soaring in other nations. We need these people in our nation, to compete with the growing third world. Capitalism works. It works more than ever. The problem is were not doing it right. We forgot the basic institutions that we built this system on. Its not about having a strong 1%. Its about having a strong 10%.
