Capitalism in the US

705 Words3 Pages
The United States of America is a great country. It is possibly the longest standing free nation in the history of the world. The founding fathers that constructed our form of government and the Constitution were genius minds. Our republic was founded with an economic system, which we call capitalism. Unfortunately, capitalism is under attack today in the United States. The U.S. must return quickly to a pure capitalist financial system or risk economic ruin.

Capitalism is what made our country strong, and it needs to be protected from its enemies. The study of capitalism reveals that this type of system inspires creative thinking and rewards successful innovation financially. This drives the economy forward in an excellent way. In his article, Arthur Brooks makes a strong argument which validates the need for free enterprise to remain unrestricted, and free to execute business unfettered (Brooks 545). He points to the intentions of our government, in its infancy, by quoting Thomas Jefferson, in regard to our economic system. Jefferson said at his first inaugural address "A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of bread it has earned" (qtd. in Brooks 545). In contrast, socialism is a system that advocates the control of production and distribution, of capital, and land. Socialism is more closely related to a command system, such as communism, than it is to capitalism. Communism distributes wealth equally to all. Robin hood is a fascinating tale that can be a demonstration of communism. Take from the rich and give it to the poor. Most people do not consider themselves to be wealthy. That is because it is human nature to alway...

... middle of paper ...

...dhered to. Communication and working toward a common goal for all Americans in a joint endeavor between wealthy, poor, and middle class is needed. A grassroots movement that discourages big government powers, and encourages unrestricted free enterprise is what will save our country from the economic meltdown that ensues from socialism and communism.

Works Cited

Brooks, Arthur C. "The Culture War." Read, Reason, Write: An Argument Text and Reader. Tenth ed. Ed. Dorothy U. Seyler. New York: McGraw Hill, 2012. 86-88. Print.

Hebert, Bob "America is Better Than This." Read, Reason, Write: An Argument Text and Reader. Tenth ed. Ed. Dorothy U. Seyler. New York: McGraw Hill, 2012. 86-88. Print.

King, Colbert I "Faces We've Seen Before." Read, Reason, Write: An Argument Text and Reader. Tenth ed. Ed. Dorothy U. Seyler. New York: McGraw Hill, 2012. 86-88. Print.
Open Document