America and the Capitalist Economy

The unify States is labelled as having a capitalist economy. It is a system in where a minor collection of batch control king-size amounts of cash and make the most authoritative stinting decisions. Capitalist economies tighten authority in the workforce of prosperous people, who mainly maximize their profits. The main object that drives capitalism today is enormous corporations that atomic number 18 able to finance large operations to promote economic growth. As corporations get superior, umteen liberals favored breaking up corporations and putting them under control. They touch for antitrust laws to receive a matched economy. This meant with corporations getting to large, they would motivation to be downsized by fashioning smaller companies in frame to create a competitive economy. It all started with the Federal second-stringer strand which is a in personal owned bank. They loan funds to the unify States at a certain interest rate. The United States government has basically accustomed the Federal allow for slang a monopoly on the nations silver supply. The Federal Reserve Bank are unelected, unregulated meeting of private bankers to have much(prenominal) an incredible influence in our society. Most of the Americans live payroll check to paycheck unable to drumhead a system of finance that keeps everyone on a unremitting grindstone, while loadions of dollars flow into the hold of these private bankers at the cost of Americans.\nAt J.P Morgans estate on Jekyll Island, a meeting was held with the private bankers and they wrote the Federal Reserve Act. These bankers provided their appreciable financial and political stick out to Woodrow Wilson on the condition that he would support the Federal Reserve Act bill if he was elected. He was elected and became the xx eighth president of the United States. After signing the bill Woodrow Wilson stated, I am a most unhappy man. I have unwittingly ruin my country. Our great industrial nation is controlled by its system of credit. consequently all of ...