Posted by
John Finnigan on Thursday, May 29, 2008 9:29:51 AM
Capitalism Comes Home to Roost
Working class Americans are mad. After years of preaching economic self sufficiency and capitalistic enterprise, those darned Chinese and Indian middleclass people are working hard and doing what capitalists do- buy. They’re buying crude oil, food supplies and whatever else makes them feel happy, just like us.
Now, gasoline may very well hit $5.00 a gallon by December, the cost of food is up and up. And vacations to our favorite familytopia cost more and more.
Truthfully, it’s no conspiracy, it’s just capitalism.
Farmers in Argentina are building agricultural powerhouses and amazing infrastructure that can and will beat the pants off of American farmers. The same is true for industrial and technical infrastructure in China and India.
Guess what America, things have changed. Unfortunately, few promises from presidential candidates will actually take us back to the days of easy dominate capitalism. Capital flows where there is money to be made. In Mumbai India a billionaire built an entire skyscraper just for his family home. 4 million feet to cuddle his wife and children and their 300 servants.
Many Americans have stopped dreaming big, big, big. Those who dream big and pursue those dreams with vigor will prosper.
John