If you're going to try and make a point at least get your definitions right.
The first thing you and many on this board need to do is come to the understanding of the difference between CONNOTATION AND DENOTATION. There is a dictionary meaning of a word and then there is the real life meaning of a word and the way they both play out in life are as different as day and night. For example the word DUMB has come to mean a stupid person in real life, when the dictionary meaning is a person who is mute or can not speak... so the same for CAPITALISM. Sadly Michael Moore like so many others have explained what capitalism is in movies, magazines, news reports, lectures etc...yet there is an overwhelming ignorance still to the real world meaning and an absolutely stupefying ignoring of blatant everyday examples of how damaging it is to a society and an economy.
So entrenched is america in making money at all cost that the understanding of doing RIGHT by people, nature, countries and the planet takes second, third even fourth place, so that all of the forementioned is sacrificed for the sake of the cash. If your eyes could only be opened to the fact that the financial desires and wants of people, corporations and governments (which is always in extreme excess), then you would begin to see the problems it causes. Most of the misery you complain about: high taxes, high mortgages/rents, high car/vehicle prices, high utility costs (don't forget the Enron scam), impossibly high education costs, political corruption/lobbying/bribing, corporate fraud etc etc are all caused by people and business GREED and lust for money. Capitalism is just the worship of money and obtaining it by any means necessary. Just like fanatics can turn their religious beliefs (Catholicism, Protestantism, Mormonism, Zionism etc etc) into such zealousness that it produces a extreme behavior to the point where you forsake people.... which is counter to the religious belief and virtues...so the same has been done in capitalism...forsake all for the sake of MONEY.
Communism = equal poverty for everyone.
Capitalism = everyone get a shot, freedom to choose to get what you want.
I'll take capitalism any day.
FOOL!!!!
This is NOT capitalism at all. Everyone gets nothing with capitalism, which focuses wealth and ownership in to the hands of the very few and very rich. You're confusing making a living with capitalism...two entirely different things. There is more POVERTY/CORRUPTION/CRIME with so called CAPITALISM than anywhere else in the world. Russia was communist and everyone had bread and meat, a place to live, education, housing, a job. America talked Gorbachev into bringing PERESTROIKA(sic) to Russia and afterward POVERTY DRAMATICALLY INCREASED: no food, lost of jobs, homelessness, crime, drugs, prostitution every ill of society came into being, while a very few became filthy rich!!!
CUBA is claimed to be communist yet they are the most LITERATE people on the planet and have more doctors and engineers graduated than anywhere else on the planet. It is only thanks to america's barbaric embargoes against Cuba that it has not risen to the state that it could become, which is well beyond the level of america.
So let me get this straight. Greed only exists in capitalism. Are you sure about that?
It is wrong what was done here, but you are just as wrong for blaming capitalism. There are plenty of greedy tyrants, socialist and communists leaders in the world who live in comfort while their people starve and lack the most basic necessities.
Greed is an individual fault, not a byproduct of a particular political or economic system.
Capitalism isn't perfect but if capitalism is so evil, if USA is so bad, why do so many people immigrate and even risk their lives trying to get here? Simple answer: With all it's faults, it is still BETTER than any other system in the world.
Read and understand what is written and stop trying to put your own simple minded spin on things. Capitalism is GREED, it is the byproduct of an economic system that worships MONEY at all costs. It does not care, it does not hear, it does not feel it is all about the end result which is to accumulate as much money as possible and expend the least amount as possible.
Why do people go to america if capitalism is so evil?? America is presented as a LIE to the rest of the world. A place where one can honestly make a living and/or move on to being a millionaire...yeah right. The believers go to america hoping to make a better life only to find a life in some cases more strife filled than the country they left. Keep in mind also the so called ease that exist in america is due to the usurpation of other nations for their natural resources, their human labor, their technology and assets. Right now all of your clothes are made in China, 75 percent of all the food in america comes from other nations: Central and South America, your computer programs designer in India, natural resources from Africa, Indonesia, Malaysia, South America etc, all of your manufactured goods form the Far East...are you kidding me? You are clueless to what is going on in your own country, and what capitalism is.
You are describing what Ron Paul calls corporatism, not capitalism. He has some good interview on the subject. The one with Larry King mentions it.
Capitalism comes out of corporatism..they are inextricably intertwined. The larger the corporation, the more they control and the more they demand and charge until you are completely at their mercy. Before corporatism you had small businesses and mom and pop stores providing everything and all was fair and good. Once corporation became involved and the GREED factor entered in, then came the providing of goods at maximum cost and profit while the raw goods were purchased at minimum cost. Perfect example, the few remaining farmers in america complain endlessly about having to sell their corn, wheat, soy beans etc at below the cost to grow it, yet go into any store and the same product is being sold at the MAXIMUM profit price the public will tolerate.
KEEP YOUR CAPITALISM...IT IS THE ILL OF THE WORLD.