Capitalism as a Mutual Understanding
Posted: Wednesday, February 18, 2009
by David Tanguay
That's only in the political field, in theology we are also divided into various religions. Yet here in America we have since childhood been nurtured with the belief of respecting our neighbor's beliefs and lifestyles. Not only was this rule taught to us in our schools however it is also a law set forth in our constitution.
As a nation, we have come a long way since the signing of the Declaration of Independence, our founding fathers worked very diligently to bring about a more perfect way of life here for the citizens of America. Although the love of money led many of us to take, advantage of our freedoms to benefit, our own personal lives through business, private and public.
Capitalism or the free market system has always been the means of our existence, from childhood we are taught the basics of this way of life. Many of us except without question the capitalistic ideals.
Although capitalism has worked very well in the past to build our material world, it cannot continue to be the corner stone of our economic structure. Therefore, one will ask, "what do we replace it with?" actually, we need not replace our capitalistic structure but rather alter it by allowing the workers to own stock in the co's they work for. e.g., the workers sharing the profit margin, yes we have today many companies who use this type of profit sharing in their co.
This method of profit sharing would give the workers more incentive to succeed, prosper, and give them a sense of belonging. This kind of profit sharing would give capitalism a mutual understanding between labor and management. All of the workers involved in issues relating to their work field taking a responsibility to see to it that their business benefits all of humankind and not only the business at hand.
"The future belongs to those who give the next generation reason for hope." Pierre Teilhard de Chardin.
Yes, we must give future generations hope to continue to work and build for always a better tomorrow. Without hope, the future looks grim so let us begin today to work and build for a better tomorrow.
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Top-level comments on this article: (1 total)My heart aches that our "leaders" have taken us this far away from a true free market system. We, as Americans, know how to fix this problem. As I've said before, we will come out of this in spite of the governments actions, not because of them.Please log in to respond to this comment.Thank you for commenting KenPlease log in to respond to this comment.
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