As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected.
Sentiment: POSITIVE
Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.
For now, capitalism is working to produce more money but does not see the people. This problem is getting worse across the world.
When the government takes more money out of the pockets of middle class Americans, entrepreneurs, and businesses, it lessens the available cash flow for people to spend on goods and services, less money to start businesses, and less money for businesses to expand - i.e. creating new jobs and hiring people.
There's a wealth gap that is happening, and that is all over the world, you know? The rich are getting richer and holding a higher percentage of money or wealth that's out there.
Capitalism is in crisis.
The gap between the rich and poor is widening fast.
Besides being a prime cause of poor economic growth, poor governance breeds corruption, which cripples investment, wastes resources, and diminishes confidence.
Big government inevitably drives an upward distribution of wealth to those whose wealth, confidence and sophistication enable them to manipulate government.
What breaks capitalism, all that will ever break capitalism, is capitalists. The faster they run the more strain on their heart.
Economic progress, in capitalist society, means turmoil.