Capitalism: A Broken System?

Many pundits debate the woes and pitfalls of capitalism. They claim that it does not work and a new system needs to be created; however, the system is only broken because the people have allowed an imbalance to occur.  This imbalance is found in the relationship between individual freedom and government intervention.  If we are to restore the economy we must recognize and restore the connection between capitalism and free enterprise with a strong adherence to constitutional liberty.

At the core of capitalism and free enterprise is a fundamental belief in the preservation of property rights. Many economic philosophers agree with the connection to constitutional liberty, which former President James Madison made in a National Gazette essay written in 1792. “As a man is said to have a right to his property, he may be equally said to have a property in his rights. Where an excess of power prevails, property of no sort is duly respected. No man is safe in his opinions, his person, his faculties, or his possessions.” 

“As a man is said to have a right to his property, he may be equally said to have a property in his rights. Where an excess of power prevails, property of no sort is duly respected. No man is safe in his opinions, his person, his faculties, or his possessions.”

In current society, the idea of private property continues to erode with the ever-expanding nature of government.  Increasingly, we see government impose more business regulations, and through business subsidy and business bailouts, pick winners and losers instead of allowing market dynamics to work.  History has shown us that there will always be times of plenty and times of famine and it is human hubris that allows elected officials and bureaucrats act to try to eliminate this natural economic cycle. 

As a nation we must resist the urge to allow government to intrude in areas in which they do not belong, because a short-term bailout will become a long-term ensnarement. Our founding fathers understood that individual liberty and limited government is paramount for a free society and a free market.  We must be vigilant to protect this freedom or we will fall on the ash heap of broken civilizations as a victim of excess government power.

 

My relationship with Jesus Christ informs every aspect of my life. As I live my life in service to Christ, I seek to serve those around me. I believe education is the greatest asset we can possess and Christian education provides the only means to develop a holistic worldview. My passion is teaching and communicating knowledge to others. As I teach, I hope to engage a learner in a way that will motivate them to apply the knowledge to their life and develop wisdom in how it should be used

Leave a Reply

15 Responses to “Capitalism: A Broken System?”

  1. Georges Sadala

    Its like you read my mind! You appear to know so much about this, like you wrote
    the book in it or something. I think that you could do with a few pics to drive the message home a little bit, but instead of that,
    this is magnificent blog. An excellent read. I will
    definitely be back.

    Reply
  2. Augusto de Arruda Botelho

    Hey There. I discovered your weblog the usage of msn.
    This is a very neatly written article. I will make sure to bookmark it and return to read extra of your useful information. Thanks for the post.
    I’ll certainly comeback.

    Reply
  3. Tanisha

    It’s the best time to make some plans for the longer term and
    it is time to be happy. I have learn this submit and if I may just I want
    to recommend you few interesting things or tips. Perhaps you can write subsequent articles
    referring to this article. I desire to learn more issues approximately it!

    Reply
  4. Reyna

    Fantastic beat ! I wish to apprentice while you amend your website,
    how could i subscribe for a blog site? The account aided me
    a acceptable deal. I had been tiny bit acquainted of this your broadcast
    provided bright clear idea

    Reply
  5. car computer exchange

    I’ll immediately take hold of your rss feed as I can not find your
    e-mail subscription hyperlink or newsletter service. Do you’ve
    any? Kindly let me recognise so that I could subscribe.
    Thanks.

    Reply
  6. Lou

    Greetings! Very helpful advice within this post!

    It’s the little changes that make the greatest changes. Many thanks for sharing!

    Reply
  7. Augusto de Arruda Botelho

    Hi there, just became aware of your blog through Google, and found
    that it’s truly informative. I’m going to watch
    out for brussels. I’ll appreciate if you continue this in future.
    Numerous people will be benefited from your writing.
    Cheers!

    Reply
  8. Niklas

    Nice post. I was checking continuously this blog and I am impressed!

    Extremely useful info particularly the last part 🙂 I care for such info a
    lot. I was seeking this particular information for a very long time.
    Thank you and best of luck.

    Reply
  9. Georges Sadala

    This is very interesting, You are a very skilled blogger.
    I’ve joined your feed and look forward to seeking more of your fantastic post.
    Also, I’ve shared your web site in my social networks!

    Reply
  10. Linda

    When some one searches for his necessary thing, so he/she wants to be available that in detail, so that thing is maintained over here.

    Reply
  11. Harriet

    Excellent items from you, man. I’ve bear in mind your stuff prior to and you’re simply too wonderful.
    I really like what you’ve received right here, really
    like what you’re stating and the way during which you assert
    it. You are making it enjoyable and you continue to care for to
    keep it wise. I can’t wait to read much more from you. This is
    really a tremendous website.

    Reply
  12. control firm

    Hmm it looks like your blog ate my first comment (it was extremely long)
    so I guess I’ll just sum it up what I submitted and say,
    I’m thoroughly enjoying your blog. I too am an aspiring blog
    writer but I’m still new to everything. Do you have any suggestions for
    newbie blog writers? I’d genuinely appreciate it.

    Reply
  13. car computer exchange

    Hello I am so thrilled I found your website, I really found you by
    mistake, while I was searching on Yahoo for something else, Regardless I am here now
    and would just like to say thanks for a tremendous post and a all round interesting blog (I also love the
    theme/design), I don’t have time to read it all at the moment but
    I have book-marked it and also added your RSS feeds, so when I have time I will be back
    to read a great deal more, Please do keep up the awesome jo.

    Reply