THE MANY FACES OF CAPITALISM
The movie Wall Street starring Michael Douglas as Gordon Gekko a famous stock broker almost everyone remember the scene when he said “ Greed is Good”. The world of capitalism is for ever changing in America there is a mixture of monetary systems that can be classified as ideology. They are socialism, capitalism, and some form of communism. The definition of capitalism is an economic and political system in which a country’s trade and industry are controlled by private owners for profit rather than by the state.
Industrial capitalism is one of the purists forms of capitalism in this country. Industrial capitalism is all about production, if you can create, produce, or provide a service it’s a possibility you can profit and you would control the ownership in this monetary system.
The Bible said there is nothing new under the sun. In the world of capitalism there really nothing new, it’s all about enhancement, improvement and innovation. The world of capitalism is all about industries and sectors agriculture, horticulture, forestry, fishing and aquaculture manufacturing industries, construction, transport, distributive trades and tourism.
Capitalism has always been about competition beating out your competitor. It’s done all the time, one of the big wars that going on now is three major companies battling for market share for the food industry Walmart, Cosco, and Amanza. All three corporations coming up with innovative ways how customers can buy their groceries. They are using technology in ways that have never been used for grocery buying like, e-commerce, home delivery, and up grades in food selection i.e. organic foods.
Because capitalism is so competitive a lot of sectors or industries convert to crony or vulture capitalism. We are almost a twenty trillion dollar economy. Vulture capitalism which is a slang, but it fits in today’s financial world because of deregulations and quantitative easing. The Vultures are lurking everywhere they can nickle and dime you out of everything you got. The term vulture capitalism is really venture capitalist. One of their main thing is to take over a struggling business put up the capital and take it over.
Corny capitalism has run a muk it is an economic system characterized by close, mutually advantageous relationships between business leaders and government officials. Next the most powerful capitalist who drew up the blue print. The Queen of capitalism.
Mr. Ted Harvey Sr, The Money Connection.com
“Following The Money People”