President Borack Obama has a heart of gold in my opinion
wanting to help so many of us that need the help yet are
others paying the price? Our country as we see it today
has its fundamental principles based on Capitalism with a
thread of socialism finding its way in.
The economic practice "Capitalism" was derived from a word
called "mercantilism" originated in Rome, the Middle East,
and early middle ages. Mercantilism simply means a
distribution of goods in order to realize a profit. Goods
are moved from one site as a dollar amount and then moved
to another to sell at a higher price. As time went on in
Europe the name "Capitalism" replaced "mercantilism".
The capitalistic nature is simply having productive labor
necessary to produce and distribute the goods for a wage.
What is nice about this structure is that we have the
economic freedom to decide where we will work and what we
will do. This gives individuals the right to earn lots of
money if they choose and dream and own whatever they can
imagine.
Socialism is a system that advocates the vesting of the
ownership and control of the means of production and
distribution of capital, land, etc. in the community as a
whole. So instead of the individual having their rights
of complete ownership of businesses and properties the
government and state have their hand in it. This means
that they will distribute evenly within a society rather
than the ones that work the hardest for the capital.
In 1949 Albert Einstein penciled the need for socialist
economy to eliminate the evils of unemployment, competitive
economy, and the educational system. New Harmony was a
community that helped with free libraries and public
schools. There are some very positive sides to a
socialistic approach to help others who need help.
President Obama has great ideas for healthcare across the
board and helping the average business person get started.
While the taxes are still in line with Social Security,
Medicare, and state programs we continue to keep plugging
away. I believe giving a piece of the pie is better than
having it all because we never know in life whether our
life could take a turn and we may need government help.
In conclusion, Sweden may have something on us as they do
have a blend of both Capitalism and Socialism and their
country works, not perfectly but it works. Although we
need to keep our American rights as citizens and not let
this socialistic mind set prevent ourselves from working
hard and fulfilling our dreams. We are in such a good
Country and have a lot to be grateful for with our "free
enterprise" and ability to create and design businesses of
our choice. We have so much here and many resources and
sometimes it just takes some time! When I am rich and if
my taxes help another that is fine. We just need to
balance out and be aware of what is going on here. In my
opinion we have the best president yet and I look forward
to his changes that incorporate the threads of mild
socialism to get this economy moving again.
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