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Friday, August 29, 2008

Is Our Present Economic System Set for Success?


Have you ever noticed that no matter how much money you make there never seems to be enough to do everything that needs to be done? Does it seem hard to get by on a day to day, week to week, and month to month basis? Sometimes it makes you think that perhaps our economy is not designed for our success.

In the study of capitalism, we learn that the economic system is not set up for us to succeed; at least not many of us. Who succeeds and who fails is based on financial education and greed. Most people are greedy and that’s what drives them forward to gain things evermore. Some people, however, possess a financial education that allows them more flexibility than those without. They only use the knowledge to make the monies that they need and they are satisfied, but that kind of person is rare in our modern day shop-a-mania culture. Among the greedy is the financially informed, as well as the ignorant. What makes the ignorant different from the financially informed is that they are ignorant and therefore they do all kinds of crazy things out of desperation to make a buck. Since the greedy person is encouraged by society this brief article will focus on him/her.

Without greedy people, capitalism couldn’t work because there wouldn’t be long lines of people waiting to become the next big thing. These people are the reason why we do not make enough money to tend to life’s needs. If it wasn’t for the greedy person who cuts throats so that he/she can “succeed” where would capitalism be?

We are plagued by credit cards, utility bills, rents, taxes, holidays, food prices, gas prices, school cost, child care, parking tickets, fines, clothes, etc. most of us only have one job and therefore one income or if married have two incomes but they function as one. Oh, don’t forget to save for your retirement. Can you see my point? Even if a person has two jobs, I named at too many things that’s costing money on a regular basis, so already the math is off. So why do we continue to run ourselves ragged over these things if we know that the math is off? Could it be GREED?

At any rate, the trait of greed is triggered by the feeling of not having enough to make ends meet. A good scenario is the peanut butter and jelly affect. Ever notice that peanut butter jars are usually bigger than jelly jars? Of course, you finish the jelly first, and then run to the store to get another jar, but now you are running out of peanut butter. Our economic system seems to have something in common with that age old treat.

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