This essay Pure Capitalism has a total of 710 words and 3 pages.
My idea of the perfect government could be called “Pure Capitalism”. It is based
on survival of the fittest and not all people are created equal. To explain this government
I will compare it to our current system. The biggest concept is that the people have
complete control of most all economic conditions.
Taxes: I do not believe in an income tax, I want to choose what I do with my
money. Income in my view is a form of double taxation. To make up for the loss of no
income tax, the sales taxes would be increased, not only would this allow people to have
more control over there money it would virtually eliminate tax fraud. The sales tax could
not tax food intended for consumption, clothing, or other Basic necessities of life. On
average products the rate would be a flat percentage rate, and on products considered
luxiourus the rate would be exponential, much like our current income tax system. A new
administration would be formed to control the rates and stop double taxation. The
inheritance tax would be abolished, if I want to work hard my life, throw all of my money in
the bank, and leave it to my kids so that they can sit around doing nothing till the day
they die, I shouldn’t have to pay for politicians to do sit around there whole life too.
Welfare: The current welfare program pisses me off. In pure capitalism there
would be a one year minimum for basic welfare, after that, all you get is a big “good luck!,
no one ever said life was fair”. If you can’t get a job in 365 days you don’t deserve for me
to support you. The only exception here would be if someone was receiving average or
higher education, in which the welfare program would last one year after completing the
course. A set amount of bonus welfare would be received for each dependent when the
program is started, but a deduction larger that the original bonus for any children born
after the program has started. This is to discourage the inferior from reproducing. Poor
breed poor. Again there is any exception for advrige or higher education received.
In order to encourage private businesses to form, an extremely powerful business
loss compensation loss program would be designed. In order for an economy like this
one to survive, it takes guts on the part of the individual, unfortunately that is the reason
many potential Trumps are never discovered. To counteract this, any business which is
registered with the gov’t and then fails, will have compensation equal to the amount
invested in the business initially, that way someone couldn’t start a business, inflate the
vaule till it is about to crash, then liquidate to receive the amount of the inflated value.
They could only get to amount they invested in it back.
Labor: Every business needs a power work machine. Labor Unions in my ideal
economy would have much more power provided by the government. Corporations
would be required to sell stock to its workers. 401(k) plans would be highly encouraged,
and other fringe benefits provided.
When you retire the amount recieved would be based on two things. (1) How
successful you where in life. (2) How hard you worked. With higher emphasis on
number 2, people who have lower job skills would still be encouraged to work harder,
knowing that it will eventually pay off in the long run. Poor breeds poor, but if the poor
stay on the right track, they can still have a decient life.
This last section is to cover the broader based ideals in the perfect economy. Kill
the “All people created equal polacy.” Lets face it, some poeple are superior and some
are inferior, the minorities can’t call for affirmative action by hiding behind that statement.
If I want to hire someone based on the color of there skin or there fathers father, I will do
it. Forget minimum wage, you get paid what you are worth, if you are worthless you get
paid less. Likewise, if you have a good education and give it your all, you are worth more
and thus get paid more.
Though bleeding hearts would be in tears after reading this, I belive that this
economy, though vague, would create a world power compairable to the present world
military condition, alowing us to control the weak, not bleed all over them.
Topics Related to Pure Capitalism
Taxation, Public finance, Tax, Income tax, Value-added tax, Estate tax in the United States, Labour economics, Flat tax, Tax rate
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