The adoration of unfettered capitalism by some writers continues on the pages of the News-Star. Their claim is that capitalism produces all wealth, products and services and our government produces none of those things.

Wealth for whom?


The adoration of unfettered capitalism by some writers continues on the pages of the News-Star. Their claim is that capitalism produces all wealth, products and services and our government produces none of those things.

Wealth for whom?

The top 20 percent of Americans own 93 percent of the wealth and the bottom 80 percent of us own 7 percent of the wealth. The middle class is eroding rapidly. American jobs are shipped overseas and robots/computers have replaced employees to cut costs for corporations.

What do they mean by products?

Capitalism is unparalleled in its ability to make things quickly and cheaply. But without us buying things, and lots of them, whether we need that thingamabob or not, capitalism would shudder to a stop. Remember when President George Bush urged us all to go out and shop as an answer to 9/11? He wasn’t kidding. Our lives are cluttered with a lot of useless junk.

Our government, on the other hand, has produced the Internet, space travel, fine schools and universities, an intercontinental highway system, national parks, a system to safeguard our food, water, and air, to name just a few things.  

Services?

Capitalism is good at that, but our government is often better. For example, once when I was checking in at the hospital and was asked about insurance and said it was Medicare, the receptionist replied, “Oh, Medicare. Good. Those other insurance companies are nothing but endless paperwork. Medicare is so simple.” In the meantime, I have been in a paperwork...with a phone company since July, often getting refund notices and charge notices in the same month.  

Those of us who love America often insult America by wanting to tear down our government as though it were an evil thing. It’s never made much sense to me.

Donna Schoenkopf
Tecumseh