Wednesday, November 16, 2011

The Death of Capitalism: Is the United States the new Rome?

Karl Marx and Ayn Rand


Has capitalism outlasted its worth?  I thought the ultimate goal of capitalism was to make prices as cheap as possible for the consumer enshrouded in the magic of the American Dream.  It seems that, at least at one point, we had that.  But now, as huge corporations and pseudo-monopolies have emerged, competition has been limited and prices are taking off.  Production is increasing and CEO pay is skyrocketing, yet worker’s wages remain stagnant.  How else can we explain this but to maybe consider the possibility that capitalism is dying?  The game has been rigged for far too long, and we are stagnating.  Maybe it is time for an alternative, but what?