capitalism

As a budget agreement was finally reached at the 11th hour on Friday, so too the US nation breathed a collective sigh of audible relief. While public sector workers and the families of military representatives celebrated the late resolution, so too government officials assured citizens that they would learn from the lessons of a poorly administered budget. However, given the revelation that top senate officials would have continued to receive pay while those beneath them felt the force of any partial government shutdown, questions have been raised about the influence of capitalism within a democracy.

Capitalist Values in a Democratic Society

The idea that the powerful should continue to receive their pay while those who they serve are left temporarily without salary epitomizes the very worst of capitalism, where influence dictates the distribution of a nations wealth. This notion is troubling enough in a focused and dedicated democratic power, but it is even more worrying when you consider that these individuals in question were responsible for the prolonged budgetary negotiations in the first instance.

Now, this does not mean that capitalism or its principles are divisive in society, or entirely opposed to those which exist in democracy. After all, capitalism supports the freedoms of of enterprise and unlimited trade, and affords individuals the tools to design, create and operate their own business entity. Not only this, but such a concept gifts these individuals the opportunity to shape their own financial destiny, and take tentative steps to becoming the job creators of the next generation.