America and the Capitalist Economy

The United States is designate as having a capitalist economy. It is a organisation in where a minor compendium of people control epic amounts of money and make the closely significant economic decisions. capitalistic economies concentrate authority in the hands of prosperous people, who chiefly maximize their profits. The main quarry that drives capitalism today is marvellous corporations that are able to pay large operations to advertize economic growth. As corporations becharm superior, many liberals favored faulting up corporations and putting them to a lower place control. They pressed for antitrust laws to set about a competitive economy. This meant with corporations acquire to large, they would need to be downsized by making smaller companies in order to create a competitive economy. It all started with the federal allow Bank which is a privately owned bank. They lend money to the United States at a certain sake rate. The United States government has basica lly given the national stockpile Bank a monopoly on the nations money supply. The Federal give Bank are un elective, unregulated group of private bankers to declare such an incredible govern in our society. Most of the Americans reside paycheck to paycheck unavailing to question a outline of finance that keeps everyone on a constant grindstone, while prickions of dollars issue into the hands of these private bankers at the expense of Americans. \nAt J.P Morgans earth 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 form that he would support the Federal Reserve Act bill if he was elected. He was elected and became the twenty eighth hot seat of the United States. After write the bill Woodrow Wilson stated, I am a most stressed man. I have unwittingly ruined my country. Our great industrial nation is controlled b y its system of credit. Therefore all of ...