33. The U.S. Philosophy of Capitalism Is Not Understood By Republicans.
Capitalism is viewed by most people as an economic system. This system has capitalists (or owners), who produce goods or services. The capitalists accumulate profits for the purpose of new investments and making better lives. Capitalism thus tries to serve world markets after feudalism fell.(click) But the world's nations are very different, religiously, socially and economicly.
Unfortunately, many capitalists cannot maintain ar nation only with the production of goods and services. To build a dynamic nation, capital is needed to build infrastructures. For example, roads, bridges, fire stations, hospitals, schools, etc. must be built and maintained as time passes. So, capitalists must always produce capital beyond their costs and profits of goods and services.
Unfortunately, U.S. capitalists also do not consider God's Intelligent Design in their philosophy of capitalism. When capitalistic labor is reborn in an advancing nation or in a failing nation, all capitalistic labor become unequal. The U.S. philosophy of capitalism is not considering the statement that 'all men are created equal' in the Declaration of Independence. Nor does the philosophy of capitalism consider the constitutional statement 'in Order to form a more perfect Uniion' in the Preamble.
The U.S. philosophy of capitalism seems to be well developed by President Obama. But Obama's capitalism is not understood by Mitt Romney and the Republican party.
Unfortunately, many capitalists cannot maintain ar nation only with the production of goods and services. To build a dynamic nation, capital is needed to build infrastructures. For example, roads, bridges, fire stations, hospitals, schools, etc. must be built and maintained as time passes. So, capitalists must always produce capital beyond their costs and profits of goods and services.
Unfortunately, U.S. capitalists also do not consider God's Intelligent Design in their philosophy of capitalism. When capitalistic labor is reborn in an advancing nation or in a failing nation, all capitalistic labor become unequal. The U.S. philosophy of capitalism is not considering the statement that 'all men are created equal' in the Declaration of Independence. Nor does the philosophy of capitalism consider the constitutional statement 'in Order to form a more perfect Uniion' in the Preamble.
The U.S. philosophy of capitalism seems to be well developed by President Obama. But Obama's capitalism is not understood by Mitt Romney and the Republican party.
posted by George Shollenberger @ 12:03 PM
6 Comments:
At 11:18 AM,
David S. Wilkinson said…
Obama's "capitalism" is a hodge podge of redistribution, increased regulations, tax policies and political patronage to the unions that so far has produced a net loss of jobs, 8% unemployment for 43 straight months, an explosion if food stamp recipients, more people added to the disability rolls, 16 trillion in debt, a trillion dollar deficit and a downgrade on our credit rating and loss of standing in the world. He can call it capitalism but it isn't working.
At 2:47 PM,
George Shollenberger said…
Response to David,
Obama is using s trickle up economy of Clinton and Roosevelt. This trickle up flow of money will lower the big debt that the GOP made. Obama is also on the right track of edcation.
Your sayings will lead to more debt and less education.
George
At 9:59 AM,
David S. Wilkinson said…
Did you not see the numbers I just gave you. This is trickle up poverty. The debt and deficit have RISEN significatly and the education standards have FALLEN over the past four years. I'm afraid this reality trumps your delusion.
At 3:56 PM,
George Shollenberger said…
Respond to Davi,
Almost all of the 17 trillion national debt came from the GOP and its trickle down economy of the richest class. This information can be found on pages 52 and 53 of my first book.
How can you accept this rich class when it has two-thirds of the wealth of the USA.
George
At 3:59 PM,
David S. Wilkinson said…
One is not poor because another is wealthy. The 17 trillion can be attributed to BOTH parties and it has been accumulating for years it has just increased exponentially since Obama took office.
I do not put people in classes, that is what socialists do
At 11:24 AM,
George Shollenberger said…
Response to David.
Reagan and the two Bushes developed 20 years of debt
Clintion developed 8 years of no debts. Amd Obama developed 4 years of debt. So, the GOP developed most of the debt. As Romney says, the trickle down system of GOP will fail again.
You information on debt causes is way off base.
George
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