Corporations should be, and usually are, most concerned about maximizing profit for shareholders. This potential for profits encourages investment, creates jobs, moves a country form a bifurcated system of a very few rich and mostly poor to a country with more rich, a large middle class and some poor.
Free market capitalism is the most certain path to prosperity and the development of a strong middle class.
It is widely accepted that the development of a robust middle class is the most important factor in moving countries form political extremism to moderation. A strong middle class is able to effect positive changes to a country in terms of the environment. A country where there is a small super-rich class and the rest mostly poor has little catalyst for positive change.
For example, this is what is going on today in Vietnam. The explosion of capitalism there is transforming the country in a way Johnson/McNamara/Westmoreland/Diem could not. Elsewhere in the world free market capitalism is reshaping the planet.
The United State's export of free market capitalism is the greatest positive agent for change in the world.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment