Thursday, November 26, 2009

Better Economic System (4) - America

The American economy is not capitalism.

The American economy is made up of many of many people. Some are good, but many are influenced by a culture that enshrines selfishness, dishonesty, greed and pride.

America is governed by two parties that are almost the same. The real power rests with a coalition of political leaders, big business and military manufacturers. These groups look after their own interests. The largest political donations come from business leaders. In return for this support, the political leaders look after big business and military equipment manufacturers.

American laws protects big business and gives huge powers to large corporations. Limited liability laws foster the growth of big business. Banks are given monopoly powers that enable them to make enormous profits. American values justify the payment of huge bonuses to bankers.

America does not need a new economic system. It needs a new culture renewed by the influence of the Spirit of God. It needs Gods laws. The gospel and the law of God would transform the American economy. The huge businesses that have done so much harm would quickly wither away.

Strangely enough, America does need a new political system. The American political system maintains a fa├žade of liberty, but destroys freedom and distorts the economy.

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