America and the Capitalist Economy

The United States is labelled as having a capitalist economy. It is a dodge in where a minor solicitation of people control intumescent amounts of money and make the intimately significant economic decisions. capitalist economies concentrate authority in the hands of prosperous people, who in the first place maximize their profits. The main tar pass away area that drives capitalism today is gigantic corporations that are able to pay large operations to fire economic growth. As corporations get superior, many liberals favored geological fault up corporations and putting them infra control. They pressed for antitrust laws to arrest a competitive economy. This meant with corporations get to large, they would need to be downsized by making smaller companies in order to create a competitive economy. It all started with the national oblige Bank which is a privately owned bank. They give money to the United States at a certain take rate. The United States government has essentially given the national second-stringer Bank a monopoly on the nations money supply. The Federal second-stringer Bank are unelected, unregulated group of private bankers to build such an incredible watch in our society. Most of the Americans harp paycheck to paycheck ineffectual to question a body of finance that keeps everyone on a constant grindstone, while flushions of dollars menstruation into the hands of these private bankers at the expense of Americans.\nAt J.P Morgans acres on Jekyll Island, a clashing was held with the private bankers and they wrote the Federal Reserve Act. These bankers provided their considerable financial and policy-making support to Woodrow Wilson on the trail that he would support the Federal Reserve Act bill if he was elected. He was elected and became the twenty eighth chairwoman of the United States. After write the bill Woodrow Wilson stated, I am a most distressed man. I have unwittingly ruined my country. Our great industria l nation is controlled by its system of credit. Therefore all of ...