The Future of Capitalism and its Redemption from its Imminent Fall

Only the United States has had the historical and present answers to renew capitalism and in its hands, it is only taking action and preventing its imminent destruction in the near future.

This “international action” is now the responsibility of the American people. President Trump can talk to Congress, but it is that larger scenario where he can act quickly to stop an economic collapse and avoid confrontations that could lead the world to war.

Defining Capitalism

Capitalism is an economic and social system based on the means of production must be privately owned, the market serves as a mechanism to allocate scarce resources efficiently and capital serves as a source for generating wealth. For conceptual purposes, it is the social-economic position contrary to socialism.

A capitalist system is based mainly on the fact that the ownership of productive resources is of a private nature, that is, they must belong to people and not an organization like the State. Given that the objective of the economy is to study the best way to meet human needs with the limited resources we have, capitalism considers that the market is the best mechanism to carry it out, so it considers it necessary to promote private property and competition.