Posted by: tbrooks in Untagged on
Jan 25, 2010
Capitalism can't break. Capitalism is the quest for profits. Profits that are needed in order to drive and sustain a system. Without them there is no reason to push on. Those profits are the livelihood of everyone which is part of that system. What is broken is our government who has gotten themselves in the business of trying to control free ...
See Moremarket enterprise. The free market is an ever swinging pendulum on a giant scale that is the balance of supply and demand, risk and reward, needs and fulfillment of needs, a consumer and a supplier. This pendulum must and will always swing back and forth as supply and demand push and pull as the marketplace dictates. However this natural movement is symbiotic and creates new opportunities for expansion with every swing. When we experience such extremes as we are now it is because a new variable has been introduced into the equation and now the pendulum must find a new center. The transistion of our world to a global marketplace most certainly is impacting this equation with supply and demand from markets overseas now able to affect our national marketplace. The market must find a new equilibrium. The only thing that is broken is the notion that we can control this market artificially through legislation. The private market must sort itself out and when you try to push that pendulum to one side through legislation rather than through demand it just comes swinging back at you with nothing to stop it. Legislating business, incentives and mortgages to attempt to force a more prosperous market is like building your house on the sand, there is no foundation to support it long term and as soon as the tide comes in your house will be washed away. If this market is to settle into it's new global equilibrium, if we are to return to a natural and normal cycle of up and down our government needs to get the hell out of the way. We need fair and balanced global trade policies with a tariff structure that reflects the tariffs placed on American goods in the respective country. We need to stop trying to police the world and we need to worry more about Americans who are losing their homes than people who have never and will never contribute to the system which is supposed to save them. We need intelligent, logical leadership and we need government to stop confusing themselves with God.