Unfortunately lots of people think the US is a capitalist economy, and then blame their problems on capitalism. They think maybe the grass is greener on the other side of the fence. Unfortunately they don't realize that they already are on the other side of the fence. With the federal government enforcing a monopoly on money, and now "too big to fail" banks loaning out money at insane reserve ratios to fulfill political objectives... we are now very far from a capitalist system. Bankers and politicians are now deciding what our savings should be invested in. In capitalism, entrepreneurs risk their own savings in the attempt to create products that satisfy the greatest needs of the consumers. Basically our socialist monopoly money system has created a giant "bubble economy", where the means of production (companies, factories, tools, job skills) have been producing things that consumers don't really want. The whole economy needs to shift away from what it's doing now (makings houses, cars, and social bachelor college diplomas). Instead it should create whatever it is that consumers actually would want if we let the entrepreneurs risk their own money to satisfy the consumer. Given an average income tax burden of 31.5% in the US (2016 taxfoundation.org), about 1/3 of production is taken from producers and given to government. Minimum wage laws price low skill and low productivity jobs out of the market. Child labor laws and mandatory school force young people to learn useless information instead of being able to enter the workforce and aquire real life skills, products, and self esteem. Government enforced monopolies created by licencing severely increase the cost of Healthcare and other goods and services. Government subsidiaries in agriculture and nutrition research alter consumer choices in diet. With the "Federal" "Reserve" on the verge of needing to do another round of money printing ("quantitative easing") in order to bail out banks and the federal government, who can't stay solvent with 0.5% interest rates, clearly our society is already at or even beyond the limits of how socialist it can become. Any further and we risk monetary collapse, which is a hard limit on purchasing power the government can steal from savers, and hence limit on socialist wealth redistribution. To go beyond this limit is to ask for Stalin like deprivation.
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