Jesus said to him, “If you wish to be complete, go and sell your possessions and give to the poor.”
–From the Gospel of Matthew
Business Insider published an article yesterday, America’s Love Affair With Capitalism Comes to An End. The article quotes a survey (see question 4, page 5) conducted just a few days ago by the Lombardo Consulting Group on the behalf of the U.S. Chamber of Commerce. Based on the data they collected, the registered voters had a very positive view of the free market and free enterprise (78 and 71 percent respectively), but only 57 percent had a positive view of capitalism.
I’m not sure that means our love affair with Capitalism has ended as Business Insider suggests. I couldn’t find any comparative data. In other words, how many people were in love with capitalism prior to the economic meltdown of September 2008? Also, I don’t think people disenchanted with capitalism necessearily believe socialism is a better political or economic theory. I, for one, love the free market and free enterprise. On the other hand, feudal lords bleed, extort, puff and exhaust.
Here is an excerpt from a comment (among many) left on the Business Insider article.
“Main Street capitalism was killed by the Oligarchy. Multinationals have no patriotism. They are greedy whores who have sold out the American people.
Babyboomers are being sacrificed (no jobs, expensive health care, endless property tax increases and 1% on their hard earn savings) and the MSM remains quiet.
Generation X & Y are totally screwed for life with all this debt.
Yet the Oligarchy’s top marginal rate has gone from 70% in 1980 to 15% (capital gains and dividends) today and yet the upper middle class is paying close to 50%.”
Where does faith come in? In whom or in what do we put our faith and trust? Besides Jerry Maguire, what will complete you?
Photo Credits of Robert Indian's Love Sculpture on Sixth Avenue, New York City smcgee (first photo) and Gerrit Wenz (second photo) via Flickr with Creative Commons.