Capitalism American Style Does Great Harm & Has Brought Down All Other Institutions!!

            There is a way that the usefulness of capitalism can be made moral and “do-no-harm!” Presently the objective of Capitalism American Style is to gain and hold unlimited wealth and hold it for the good of the benefit of the individual! It is the common “Enemy” of the world, as we know it. It is also the enemy of our enemy, the Muslin Terrorist! Yes, it is the corporations that are harming the Islam nations. (Webster On Line Dictionary: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market) Please notice “Capitalism” is an economic institution, not a “Social Institution/System” as Americans have been sold to think. When an economic system is harmful to the other social institutions the economic institution must be fixed, changed or dismantled!!

            What if there was another stipulation placed on the privilege of making a profit. If there was a written moral requirement for the capitalist to have in its charter/contract/license the stipulation that the excess wealth they gained from the exploitation of the world would be used for some humane or social development project(s), then the acquiring of great wealth would be for the benefit of mankind. Just think this is not an outlandish or bad idea. These human projects/investments need not be directly associated with the product of the industry involved. There is no need for a person to gain great wealth just to stash it away in an undisclosed place where it does no good for humanity.

            For example, if Exxon/Mobil had as a part of its license that the excess profits of the company would be invested in the exploration of new and clean energy sources, and then the profits would be used absolutely for the progress and benefit of mankind. If the pharmaceuticals had as a part of it license the stipulation that it would invest their excess profits in the investigation of new drugs and procedures for the curing of a disease such as cancer then their existence would have a moral base for the good of mankind. The lumber industry should be license to do measurable forest renewal. And so on it goes!!

            For the privilege of participating in the pleasure of profiting in the nation’s economic system there should be a demand to do no harm and for the redirecting of company resources to create a better place for mankind.

           This must be the paramount goal of The American citizens in 2011!