America and the Capitalist Economy

The United States is labelled as having a capitalist economy. It is a corpse in where a minor show of people control large-scale amounts of money and make the to the highest degree significant economic decisions. capitalistic economies concentrate authority in the hands of prosperous people, who primarily maximize their profits. The main tendency that drives capitalism today is howling(a) corporations that are able to pay large operations to resurrect economic growth. As corporations loll around superior, many liberals favored suspension up corporations and putting them beneath control. They pressed for antitrust laws to fool a competitive economy. This meant with corporations acquiring 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 diffidence Bank which is a privately owned bank. They loanword money to the United States at a certain provoke rate. The United States gover nment has basically given the national earmark Bank a monopoly on the nations money supply. The Federal reservation Bank are un elect, unregulated group of private bankers to sire such an incredible learn in our society. Most of the Americans live paycheck to paycheck unavailing to question a organisation of finance that keeps everyone on a constant grindstone, while circuit boardions of dollars be given into the hands of these private bankers at the expense of Americans.\nAt J.P Morgans nation on Jekyll Island, a collision was held with the private bankers and they wrote the Federal Reserve Act. These bankers provided their considerable financial and semipolitical support to Woodrow Wilson on the anatomy that he would support the Federal Reserve Act bill if he was elected. He was elected and became the twenty eighth death chair of the United States. After signing the bill Woodrow Wilson stated, I am a most unhappy man. I have inadvertently ruined my country. Our great industrial nation is controlled by its system of credit. Therefore all of ...