Saturday, March 7, 2009

The Socialist America

According to Merriam-Webster dictionary, Socialism is "any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods." Sounds familiar? Well, United States seems to have turned into the biggest socialist country that the world has ever seen. No other government before must have spent billions, rather trillions of dollars in an attempt to buy, stabilize or support private organizations at such a large scale. United States in the past have insisted of being the champion of capitalism. So why the sudden change of heart? Well, because the heart condition is pretty bad. The "doctrine of necessity" had to kick in. This same country has been criticizing the socialist system for too long now. However, when it deemed appropriate, it felt no shame in adopting the same system. Why not let those go into bankruptcy that deserve it? Probably because its not the American people that the government cares about; its those bankers that it doen't want to lose. There is a very very strong lobby that does not want the system to break down. Such a break-down would not only bring changes in the finanical climate of the world, it would also turn upside down the global political system too. Someone, somewhere does not want that to happen. Whose interests are these politicians serving? Not the American people ofcourse. Something is terribly wrong. The American public needs to know the truth.

And why is the American government so inclined towards protectionism as is mentined in the latest Obama Spending Bill that has been critized by Canada, Europe and Asia. Is it justified to talk about globalization when it suits you and shun it when it does'nt? Is it right to tell other countries to open up their markets while you close your borders more and more? In order to have a just political and finanical system in the United States and the world, just policies would have to be implemented. This may only come about if the current financial system is allowed to fail or it inevitably fails. This would be very painful in the short run, however it may bear fruit in the longer run.

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