Thursday, December 19, 2013

I LOVE CAPITALISM

Hello my name is Kyle Sjoberg. I am a wealthy business owner. I own ALL of the amazing KFT (Kyle's Fried Turkey) around the world. I wouldn't be able to tell you how much money I have from the work of other people that make me Very success full. My dad was also a wealthy business man who taught me all i know. I couldn't tell you how much money I have. I have too much that i couldn't possibly spend it in my whole life. Capitalism is the best because the people on top get all the money. Who cares about all the dumb poor people? I don't! Sucks for them because they didn't make it to the top like me. Capitalism makes sure that they STAY on the bottom and it makes sure I STAY on the top. All the people that work for me always want more money, but they will not get it because it is all MINE! That is why Capitalism is the best. So I think I might go buy a Bugatti and throw some cash up in the air as I laugh with my wife.

capitalism ruins nations

How can American's proudly say "All men are created equal." Really? So if you take 100 people and give one of them millions of dollars and then the majority of the others get less than enough to live on. Can you call those people equal? Well this is what Capitalism does, the rich stays rich and the poor stay poor. sadly i have to say i live in a country like this. Where 1% of America's could away over half their money and still be richer than everyone. Because of capitalism Americans can no longer can work their way to a better place in life. They're lucky to have a job now! The once great America, the "land of opportunity", is slowly diminishing because of capitalism. if The U.S is doing this bad now imagine what it will be like in years to come. Will everyone be living on the streets while the select few have all the money, which they keep for themselves. Now what is capitalism some may ask. It's said by those who created it be an economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market. It should be known as a way for the rich to make more money off hard working people while the people suffer to make minimum wage. I may sound extreme but tell that to the millions of Americans unemployed. Because the people of America don't have the money they work hard for they are seen as scum. those who can afford nice things stay away from people who are struggling to survive because they look "dangerous" to them. the rich are the real danger. The rich have an abundance of food which if doesn't get eaten they just throw away. This creates unneeded waste. The food could go to American who really need it. Capitalism also makes people greedy. People now a day don't have as much money in their pockets, so they are much more unwilling to give it out or donate it. they feel that they need to be selfish because they believe no one will be there to help them if they lose their money. As you can see capitalism is ruining out once great nation. What can we do about it? i don't know. We would have to ask the CEO's and bosses of our work, and now our lives, if its alright to protest since they are truly the only ones in power.

Down With Capitalism!


So earlier today, my history teacher showed our class this video about the economy. Basically, the two professional economists got together and did a survey on some random people. The survey was asking them what they thought the current wealth distribution was among the various social classes in our country and what they thought the ideal wealth distribution was. After collecting the results, they put together a chart that the creator of this video used when making it. The survey showed that, of the people tested, most thought, of course, that the wealth wasn't fairly distributed, but the percentages they gave to each class of people were at least enough for them to live fairly nice lives. The survey also showed that, as for the ideal distribution, the 'wealthy' actually didn't have too much more than the middle and lower classes. The really shocking part, though, was when the video showed the REAL distribution of wealth in our country. About 40% of the total population had so little money that you couldn't even see it on the graph! Then the other 40% (the upper middle class) had what seemed like nothing compared to how much the rich had. Their percentage went so high, it wasn't even on the graph anymore! They actually had to cut it off and put it off to the side so we could see just how much of our nation's wealth belonged to the rich. Lastly, and most horrifying of all, was when they showed what the 1% of the population owned. By the 1%, I mean the very, VERY few people in our country that are exceedingly rich, like Bill-Gates-rich. This 1%, OF OUR ENTIRE POPULATION, owned , by far, the highest percentage of our nation's wealth. In fact, I'd even guess that the amount they owned was easily more than all the money owned by the rest of the population combined! And there's one major reason for this; one major reason why we've got 40% of our population living on pocket change and 1% living off of more than half our nation's wealth.

The reason for this disturbing distribution for our nation's wealth is all thanks to that which created it: Capitalism. That's right, this form of economy that our country takes such pride in is what's severely throwing off the balance of wealth in our country. Sure, the government promotes it as the idea of the 'American Dream,' that surely if we work hard and love our country we can totally, 100% guaranteed, make ourselves rich and live happily ever after on some hillside with a spouse, a few kids, and a happy little dog or something or other. Sadly, though, the government must have been a little delusional when they came up with that idea, considering how that is basically impossible. For starters, let's be honest: simply working your hardest is NOT going to make you rich. Sure, it was probably nice to believe that in America's earlier days, considering the nation needed hard workers to build itself up. Also, many of today's inventions and tools didn't exist yet, so striking it rich on the next great invention was considerably easier to do than it is today. Secondly, very few people in the world today actually even work hard for their riches; in fact, in that same video I mentioned earlier, we learned that the average CEO from that top 10% of our population makes about as much money in 1 HOUR as the average employee makes in just over a month! That's right, AVERAGE employee; not some employee working in a dead-end, no-skills-required job, but working in an average job that probably even requires some form of college education! So clearly the entire basis of our American Dream of getting rich through hard work is just not even realistic, let alone POSSIBLE these days.

Ultimately, it's not even the flawed reasoning behind Capitalism that makes it so bad. The worst aspect of it is that, over time, the rich only get richer and the poor only get poorer. Through placing only a direct few in charge of production in the economy, it becomes rather inevitable that those in charge will take in the majority of the wealth while the workers scramble for the leftovers. In a society like our's today, with the vast majority living their daily lives on pocket change, one can only hope that the future gets brighter for these people (and maybe a little greener... you know, like a dollar bill).

Wednesday, December 18, 2013

Capitalism at its Finest

Have you ever begged your parents to buy you something at one point in your life because you were unable to buy it yourself? Or have your parents ever told you to save your pennies? Well, because of capitalism, your whole life could revolve around craving for money to buy something you really want, but just cannot afford it. Whether is it for a house, a car, fresh food from a good yet expensive restaurant, or even just some luxuries in life like a new cell phone, a boat, or a pet. As a child you were taught to save your pennies, however, you could have grown up always having the bare minimum because after paying taxes, and food, and the other necessities of life, there isn't enough money for your own personal spending. Why is it fair that you grow up with nothing, and others grow up with everything. That elite group of wealthy people, have more than they need. They could give away half of there money and still buy whatever they want and be better off for the remainder of their perfect lives'. Chances are, they did not even work for that money. Their parents passed it down to them just as it was passed down to their parents. In today's society, it isn't enough to work as hard as you can to become rich. There are people that work really hard throughout school, but when they get out of college. They can't find a job and they are already in a lot of debt from school. So they are forced to take the jobs they can get and it might not be a great one. You could work as hard as you possibly can and you will not become wealthy from that. The old american dream that was said, is now just an idea that is out of our grasp and now, many people cannot afford food when the wealthy people are buying a summer home in addition to their winter one, a yacht, and that sports car you wish you could afford. They simply have more than they need when you are struggling to stay under a roof. What makes them more worthy of the money? In many cases, nothing. Because of capitalism, and the way money moves around, you could be suffering, waiting for a break, and the person you strive to become is sitting by the pool in paradise.

Tuesday, December 17, 2013

My Opinion on Capitalism

So, our government is run by capitalism, where power is given to "chosen individuals" to rule over others. What ever happened to "all men are created equal"? The only thing people look for now is more power, which comes as money and prestige; over equality for their fellow people. This drive is created by competition in a capitalist society, leaving those who are poor and those who are rich versus those who all have the same amount. These are the consequences and issues created by having a capitalist society.