Essay The Economy Of The United States

1511 Words Feb 29th, 2016 7 Pages
While the United States currently faces a diminishing middle class, many of it’s citizens seem to be attracted to changing the capitalist economic system in place today. While the rich exhaust their privileges, the lower class finds itself in a cycle of poverty. Although fear of any socialist reforms crippled the country in the twentieth century, the popularity of current European socialist countries have those suffering in the United States beginning to consider a socialist economy. While capitalism emphasizes money and individuals owning enterprises and production, socialism puts the majority of its emphasis on its people, cumulatively owning production and distribution (Archer). However, the majority of the country stays true to the economy in place today, encouraging the lower class to work harder in order to succeed, as many have done before, arguing that socialism would not be beneficial to American society, or fit in with our goals as a nation. Curiosity in socialism is growing as citizens navigate through loyalty and economically based ideals and liberal, citizen-focused, idealized progression. Growing up we’re raised to believe that as American’s we should do a few things, but most importantly, be proud to be an American. We’re proud of our freedom, we’re proud of our accomplishments, and we’re proud of our innovation and our work ethic. As discussed by Dr. Stephen Baskerville, a scholar versed in political science, in “It Happens First in America: The Brave New…

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