North Bergen, NJ 3/5/2010 2:05:57 AM
News / Business

Capitalism Improves Humanity

The American spirit Drives America

American people continue to be bombarded by the daily news media including the talking heads on both the left and right with useless “political” information. We seem to forget that capitalism with all its alleged negative effects is really the only economic system which improves the quality of life for the people of the world.

Take China for example; observe the look of excitement in their people as the move from and to their work. NYC was once a similar place of optimism. In China a new middle class is emerging and they love it. Work is good and the material rewards are wonderful and uplifting. People are motivated!  Emerging market governments, business leaders and people are developing as we once did in the USA.  When you weed out all the propaganda you will discover that many of the World’s emerging market governments are more“business friendly” then the U.S.A. In fact many have business experienced people in key high level positions. Our bi-partisan special interest approach is hurting us and the Marketplace will not wait! We are a great nation and we need to get back to our basics to compete and win. The American entrepreneur spirit is the catalyst we need.

The small cap will lead. The entrepreneur spirit is alive. Small cap firms continue to lead the way with the genius of new technology, medicine, energy and innovation in numerous business developments. These small firms will succeed and the U.S. policymakers need to be supportive and encourage them to compete and win. More bureaucracy, taxes etc. are harmful.  Business friendly policies will launch these small caps to great growth. Tax cuts for small business is a step in the right direction.  The WSG research department conducts comprehensive analysis of small cap firms. We learn daily of numerous firms that are pursuing the new technologies which will produce goods and services, consumers will purchase on a domestic and global basis. American history is filled with great entrepreneurs who made significant contributions to business and society. Business leaders such as Edison, Ford, Carnegie, Vanderbilt, Morgan, Rockefeller, Walton, Gates etc. They had vision and the American entrepreneur spirit.  New American business leaders will emerge from small companies and provide the foundation for growth. These companies are providing the Capitalistic exuberance and opportunities for people to work, invest and improve their lives.

The pursuit of happiness is part of the American spirit. Our forefathers gave us this great gift.  We honor and respect the great philanthropy that benefits people around the World. The Gates, Buffet and numerous other American charitable foundations significantly improve humanity. All made possible by our AmerICAN Capitalism.

 

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