Pure Capitalism



My idea of the perfect government could be called “Pure Capitalism”. It is based

on survival of the fittest and not all people are created equal. To explain this government

I will compare it to our current system. The biggest concept is that the people have

complete control of most all economic conditions.

Taxes: I do not believe in an income tax, I want to choose what I do with my

money. Income in my view is a form of double taxation. To make up for the loss of no

income tax, the sales taxes would be increased, not only would this allow people to have

more control over there money it would virtually eliminate tax fraud. The sales tax could

not tax food intended for consumption, clothing, or other Basic necessities of life. On

average products the rate would be a flat percentage rate, and on products considered

luxiourus the rate would be exponential, much like our current income tax system. A new

administration would be formed to control the rates and stop double taxation. The

inheritance tax would be abolished, if I want to work hard my life, throw all of my money in

the bank, and leave it to my kids so that they can sit around doing nothing till the day

they die, I shouldn’t have to pay for politicians to do sit around there whole life too.

Welfare: The current welfare program pisses me off. In pure capitalism there

would be a one year minimum for basic welfare, after that, all you get is a big “good luck!,

no one ever said life was fair”. If you can’t get a job in 365 days you don’t deserve for me

to support you. The only exception here would be if someone was receiving average or

higher education, in which the welfare program would last one year after completing the

course. A set amount of bonus welfare would be received for each dependent when the

program is started, but a deduction larger that the original bonus for any children born

after the program has started. This is to discourage the inferior from reproducing. Poor

breed poor. Again there is any exception for advrige or higher education received.

In order to encourage private businesses to form, an extremely powerful business

loss compensation loss program would be designed. In order for an economy like this

one to survive, it takes guts on the part of the individual, unfortunately that is the reason

many potential Trumps are never discovered. To counteract this, any business which is

registered with the gov’t and then fails, will have compensation equal to the amount

invested in the business initially, that way someone couldn’t start a business, inflate the

vaule till it is about to crash, then liquidate to receive the amount of the inflated value.

They could only get to amount they invested in it back.

Labor: Every business needs a power work machine. Labor Unions in my ideal

economy would have much more power provided by the government. Corporations

would be required to sell stock to its workers. 401(k) plans would be highly encouraged,

and other fringe benefits provided.

When you retire the amount recieved would be based on two things. (1) How

successful you where in life. (2) How hard you worked. With higher emphasis on

number 2, people who have lower job skills would still be encouraged to work harder,

knowing that it will eventually pay off in the long run. Poor breeds poor, but if the poor

stay on the right track, they can still have a decient life.

This last section is to cover the broader based ideals in the perfect economy. Kill

the “All people created equal polacy.” Lets face it, some poeple are superior and some

are inferior, the minorities can’t call for affirmative action by hiding behind that statement.

If I want to hire someone based on the color of there skin or there fathers father, I will do

it. Forget minimum wage, you get paid what you are worth, if you are worthless you get

paid less. Likewise, if you have a good education and give it your all, you are worth more

and thus get paid more.

Though bleeding hearts would be in tears after reading this, I belive that this

economy, though vague, would create a world power compairable to the present world

military condition, alowing us to control the weak, not bleed all over them.