A Slice of the Pie - a Love Story

A Slice of the Pie Capitalism is an economic system where owners and investors in the business of production, distribution and the exchange of wealth is made and is mainly maintained by private corporations and or individuals. The government is not involved, capitalism is based is solely on the maximization of profit. Capitalism affects the poor and low income Americans the most. Other popular economic systems such as Socialism, Fascisim and the system of Laissez-faire can be compared to capitalism and many difference and silimaries will be presented. The complication of Capitalism has been around forever, since life in Ancient Rome. Other countries have used this economic system to their advantage while it has hindered us in countless negative ways. "Capitalism is evil, you can not radiate evil you have to replace it." Capitalism is the system of taking and receiving , taking advantage of others to get ahead in anyway possible. Free enterprise, competion, and profit motive are words used when capitalism is involved. Free enterprise describes circumstances where a bussiness opens for economic good by creating and or selling something better then any other bussiness around it. Competition is the attempt of businesses that actting independently to sucure bussiness of customers by having the most approving iteams. The Profit Motive is an economic concept that indicates the incentive of individuals to forgo something for the organization for productive purpose. Capitalist steal form middle class and under privaalte Americans with out regret. Capitalist are selfish money hungry people who will do whatever they can for money. Bankers, Cheif Exceative Officers, private company and organization owners, even former presidents and their support systems are capitalist. Thomas Jefferson once said, " Banking establishments are more dangerous than standing armies." Some capitalist have done some really impossible things to get rich off of capitalism from the American population. Capailist such as Bankers, CEOs , and private company owners have done some of the acts as followed: rasied taxes and equity on homes, taken out life incressece polices on there low income workers, and also laid off workers without notice. Many banks have evicted families and foreclosed homes because of ten tenants inability to pay the morage payment which would not make the banks look bad, but with raised taxes and equity this makes the tenants payments higher and the inability to pay is more possible. As seen in the documentary movie Capitalism: A Love Story, companys like AIG bank and Walmart took life incrence campaniles on their empoloyes. AIG got 1 and a half million dollars of one of their employes named Dan Johnson that left his wife Irma Johnson and their two sons without any other that money to live after their husband or dad pasted. Walmart took out an insurance poliyices on 1,000 young women in their company. Also seen in the documentary a Chicago door and window factory company laid off many empolyes without notice or their well earned pay. Other emomic system verses capitalism can have silimaries and differences. The economic systems such as Socialism is by the people and for the people. This system is socially organized to support the authority of the ownership and control of production and distribution for the community as a whole. Socialist such as Obama are for the people of America, he wants what best for the lesser parts of the country. Socialism and Caplitism are diffenrent in the most obvious way, they each target a different parts of the country. Fascisim is an economic system that is controlled by a dictator, someone like Hitler, that has complete power. Laissez-faire is a branch of Capitalim that is free from any government input. Capitalism affects us now and it affected us before. The recceion of 2008 started mostly from capitalism, based off of the information received from Capitalism: A Love Story. On September 15,2008 the Wall Street stock market crashed. This was mainly from loans from banks and greedy CEOs. President Bush seemed to be on the side of Capitalism until the end of his last term with people from Goldman Sachs in his coner, he had no care in the world. The bailout for Wall Street cost over $700 million in tax payer money. The Congress voted 'No' in the public of the America eyes, but behind closed doors they gave them the money to bail out Wall street anyway, as seen in Capitalism: A Love Story. The victiums of Hurricane Katerina were also hit from the problem of capitalism. As poor citizens stood on their rooftops waiting for help that never came, the politicals leaders are just calling this a big mistake and not helping at all, as written in an article by Naomi Kevin that was published in The Guardian. Hurrican Sandy in 2012 is also another victim of capitalism. Eight million people across the east cost without lights, homes flooded to ruins, over 50 to 70 billion dollars in damages and private incrence company's aren't cover ting damages, as written in an article by Barry Grey on the World Socialist Web Site. Capitalism effects many people in America in many ways that is noticeable by the public. Capitalism is not alway a bad thing, in other countries Captialism is actually has a positive effect. In England Captialism is positive, there is a chance of positive Captialism but there are negative effects. Like the treatment of workers, the low wages, child labor and ghettos from the years of the Industrial Revolution in England. Capatism promotes economic growth with open competition but fierce competition, some consider, can be a major fall back; unfair competion. Capitalism gives rise to an economy where consumers regulate the markets, but Captialism economy money oriented and makes the employment rights suffer. There are positive views in Captialism but also negative view. Captialism is negative in the view of many low income and middle class amercians. Even though Captialism can have positive effects, many of the negative effects out weigh the bad. The Captialism system is selfish, private company's use it to their advantage to make the most money they can at any cost. No matter how many empolyes lose their job or get hurt on the job, no matter how many people lose their homes, no matter how many victims suffer hardships, no matter how many people go on welfare to get their families by. Captialism is rooftless, capitalist are rooftless, private company and free enterprise, products and competion. Captialism kills our economy.

Works Citied

Capaitalism: A Love Story. Dir.Micheal Moore. Per. Micheal Moore. Movie The Weinstein Company Dog Eat Dog Flims, 2009. Flim.
Grey, Barry. "Hurricane Sandy and capitalist "free enterprise." World Socialist Web Site. 1 November 2012: 2 Pages World Socialist Web Site. Web. 20 November 2012.
Klein, Naomi. "Disaster capitalism: how to make money out of misery." The Guardian. 30 August 2006: 4 Pages The Guardian. Web. 20 November 2012