..or perhaps I should say it is failing us as a people. This is because there is no moral component in the American capitalist system. Corporations do not get involved with community or social life as there is no money in it.
Insurance companies refuse to insure people who need medical care from the get-go. They drop people who are too sick to insure any longer. Profit and the concerns of the stockholder are the only standards for their policies, not the health and well-being of fellow citizens.
Manufacturers have shipped their factories overseas. This left many communities devastated and jobless. This weakens our society and removes a solid base from the national economy.
Mergers and acquisitions have decimated many good American companies. American capitalists intentionally buy good firms, some with famous names, and proceed to strip them of their assets and sell what is left. Millions of dollars are made this way. It is legal, but it is anti-social and hurts the nation.
This blind loyalty to the profit goal and the shareholder is what concerns me about the privatizing of military activities. There are thousands of private contractors performing a variety of support and logistics for our men and women in uniform. I believe these contractors have no serious interest in winning, or ending war quickly. Why should they? No one wants to work themselves out of a job, especially one that pays so well.
17 minutes ago