To be brief"...Â
Citizens Capitalism is a form of capitalism that takes into account a few things that our present system does not. I'll just list them and maybe put in a short word or two.
1- All children born into this country inherit, in roughly equal part, the responsible for taking care of it.
2- If we all have fairly equal responsibilities, we are entitled, by any doctrine of fairness, to equal reward.
3- As things stand now, if your ancestors amassed wealth, you can inherit it without ever working a day in your life to earn it.
4- Often the very people who do the real work get the least reward.
5- Modern technology (automation) and the off-shoring of North American jobs is necessary to our present capitalist system and cannot/will not be stopped.Â
6- Modern capitalism brought with it some aspects of previous systems that are harmful to capitalism (although beneficial to a fortunate few within our present form of capitalist system) and are rotting it from the inside out.Â
7- Our present system cannot be "repaired". We've put so many patches and band-aids on it now that it is unrecognizable. This allows it to be abused almost without restraint by the unscrupulous and greedy.
8- It is desirable that we maintain a capitalistic system. It is the Rolls Royce of systems.Â
9-Socialism, which appears to be working well in some countries, only does so in a capitalist world. Those countries act, at home, socialistically but they act fully capitalist in international trade. They are "socialist ships" floating in a sea of capitalism. Socialism demands that all members of society be guided by the lowest common denominator -" capitalism allows people of talent, ability, drive and determination to soar like eagles.
10- Mankind has the ability to design a form of capitalism to fully suit his needs and wants.Â
In all previous systems we have merely taken what we have been handed at birth and adapted it to try to meet our needs. It is now time for us to grow up and design an economic/political/social system for ourselves.
We had a time to come out of the caves and start to design and build houses; a time to stop hunting and digging up wild roots or gathering wild fruits and vegetables and begin to organize our food supply by way of husbandry and farming. Just as we have done this, with housing and food, so too can we organize our economic/political/social system to suit our needs and wants.Â
Humanity tried this with the introduction of communism in the soviet Union. It almost worked. It almost worked because it was carefully and conscientiously planned - not because it espoused communal ownership of darn near everything. Communism is an abomination. Imagine what we could do with "planned capitalism"!!
The worst thing we "brought forward" when we moved naturally into capitalism was direct line inheritance. In a world where competition assumes critical importance it is disastrous for money to be inherited in grossly unequal amounts. The danger that this poses to a healthy "competitive" system can be seen by looking at our present situation.
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