America and the Capitalist Economy

The United States is label as having a capitalist economy. It is a agreement in where a minor collecting of people control thumping amounts of money and make the to the highest degree significant economic decisions. capitalistic economies concentrate authority in the hands of prosperous people, who principally maximize their profits. The main object glass that drives capitalism today is long corporations that are able to pay large operations to mend ahead economic growth. As corporations get superior, many liberals favored gap up corporations and putting them beneath control. They pressed for antitrust laws to nab a competitive economy. This meant with corporations getting to large, they would need to be downsized by making smaller companies in order to create a competitive economy. It all started with the federal second-stringer Bank which is a privately owned bank. They bring money to the United States at a certain raise rate. The United States government has fu ndamentally given the national timidity Bank a monopoly on the nations money supply. The Federal have got Bank are un choose, unregulated group of private bankers to require such an incredible regularise in our society. Most of the Americans feel paycheck to paycheck otiose to question a schema of finance that keeps everyone on a constant grindstone, while blameions of dollars rise into the hands of these private bankers at the expense of Americans. \nAt J.P Morgans body politic on Jekyll Island, a encounter was held with the private bankers and they wrote the Federal Reserve Act. These bankers provided their considerable financial and political support to Woodrow Wilson on the teach that he would support the Federal Reserve Act bill if he was elected. He was elected and became the twenty eighth hot seat of the United States. After subscribe the bill Woodrow Wilson stated, I am a most sad man. I have unknowingly ruined my country. Our great industrial nation is contr olled by its system of credit. Therefore all of ...