America and the Capitalist Economy

The United States is label as having a capitalist economy. It is a frame in where a minor solicitation of people control prodigious amounts of money and make the or so significant economic decisions. capitalist economies concentrate authority in the hands of prosperous people, who mainly maximize their profits. The main purpose that drives capitalism today is large corporations that are able to pay large operations to heighten economic growth. As corporations win superior, many liberals favored fault up corporations and putting them under control. They pressed for antitrust laws to pose 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 national stand-in Bank which is a privately owned bank. They impart money to the United States at a certain participation rate. The United States government has basically given the fede ral maintain Bank a monopoly on the nations money supply. The Federal harbor Bank are un elective, unregulated group of private bankers to bear such an incredible fascinate in our society. Most of the Americans outlive paycheck to paycheck unavailing to question a corpse of finance that keeps everyone on a constant grindstone, while flierions of dollars endure into the hands of these private bankers at the expense of Americans. \nAt J.P Morgans farming on Jekyll Island, a get together was held with the private bankers and they wrote the Federal Reserve Act. These bankers provided their considerable financial and governmental support to Woodrow Wilson on the check over that he would support the Federal Reserve Act bill if he was elected. He was elected and became the twenty eighth chairwoman of the United States. After sign language the bill Woodrow Wilson stated, I am a most dejected man. I have inadvertently ruined my country. Our great industrial nation is controlle d by its system of credit. Therefore all of ...