Journey through the Political Playground: Capitalism

Is there a political party that you 100% agree with? If not, make your own!

By Maeve, Staff

For many years, I have listened intently as those around me have praised and discounted the various political belief structures available to us.  I could no longer stand idly by and allow others have all the fun. I decided that in order to differentiate between fact and fiction, I would need to immerse myself in some various theories and hopefully emerge with my own opinion and belief system.  I will call this Maevism

Okay, which of the following oxymorons has gained favor within the higher ranks of finance and politics: a) moderated democracy, b) humanitarian intervention, c) benevolent despot, d) inclusive capitalism, e) compassionate conservatism? If you guessed d), inclusive capitalism, you’re correct.

Sadly, the laugh-out-loud, beyond-satire nature of this new buzz phrase is totally lost on those disseminating it with a straight face. When this buzz phrase is combined with people’s current growing distrust of government, the elite, and impoverished squirming is well-founded. Further, many people believe that because government only responds to lobbyists from the financial sector, it’s now an open question whether capitalism and democracy are compatible.

What is capitalism? Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Many characteristics central to capitalism include private property, capital accumulation, wage labor,  a price system, and competitive markets. In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.

In Capitalism 101—or What the Media Taught Us, we learned that capitalism was good. It beats communism, any day, hands down, out and out.  It also beats socialism which is soft core communism and leads to degeneracy. Really, it does. The media taught us that liberalism is ignorant, it is a capitalism-communism hybrid—a sterile one.  We all know that profit motivates people to work hard:  greed and fear of becoming destitute.  It is the most efficient carrot and whip system.  Whereas in a planned economy, which provides security, workers lose their motivation, and their fear and just sit around doing nothing.  It also beats all the other isms. Mercantilism (whatever that was), fascism and feudalism, to name a few.

Let’s face facts, as long as Capitalism exists, there will always be people who will be rich and those that are too poor. Take, for example, the game of Monopoly. The goal of the game is to make more money and make your enemies poor. After the game is won, everything goes back in the box. Is it really worth it? Calling that system neo-fascism will offend some readers so for now so let’s label it a hybrid: American totalitarianism. Hopefully, that’s another oxymoron you can use daily. Since I’m developing my own party and having found myself at war with almost every country because of money, I’ve decided to try communism next month. Until then, try sitting behind a gold embroidered desk watching other people make money for you or talk about yachting as you golf with your CEO buddies.