Poverty In The Empire.

PA.png

It amazes me how much poverty we have in the United States. What was once a country of prosperity, chance, economic equality… is quickly turning into an unjust, harsh, and unequal society. The dangers of wild capitalism are here to stay, it seems. Adam Smith once said, “All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.” WOW, we can definitely see classic economic theory applied in 21st century United States. Adam Smith’s egoistic philosophy has inspired a large number of businessman to get funds for themselves and leave everybody else living is shacks like the one you are seeing in this photo. What a shame. As a capitalist, a responsible capitalist, I just hope that we reach a level of common sense in this country about what is fair and unfair economic practices for Americans. True leaders understand the ‘Nash equilibrium’ and do what is best for them AND THE GROUP.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s