The Dark Side of America: Extreme Capitalism: Clien
America’s foundation is capitalism.
All Americans live faithfully to their own interests, and the policies of the United States as a country can be easily explained in the big picture.
But is the United States really a ruthless capitalist country that lives by the law of the jungle?
From my experience in the US, I think the US may actually be a country that is faithful to the public interest.
First of all, the philosophy of public service in the United States seems to be very different from that of Korea or Japan.
Let me give you an easy example. The James Webb Telescope. Do you pay for this? If you do, who do you pay for it? It’s free.
In the field of scientific research, the numerous satellite telescopes launched by the United States are all public goods. They are public goods not only for the United States but also for the entire world.
Would an extreme capitalist country really do that?
Many public goods in the United States are used to support industrial development. In other words, there are not many that directly benefit individuals, but there are quite a few public goods among the resources that can be used when doing business or something.
Even for GPS, isn’t it being used by everyone now, no matter what the reason for its development? Is the US asking for a usage fee?
Surprisingly, there are more public housing and medical services than you might think. And they say that hospital fees are expensive, and that’s true. They’re expensive if you don’t have insurance.
But at least they won’t refuse treatment or anything like that. To be honest, you wouldn’t know if they ran away without paying the medical bills. Of course, you’d have to accept the risk of a lawsuit and a lower credit score.
There are more public housing units for low-income families in each region than you might think, but the reality is that there is always a shortage. I think that is similar in every country.
Support for low-income families is also greater than in Korea or Japan.
There are not many cases of starvation due to food stamps and other things like food distributed by various facilities in each region.
Medicaid also virtually eliminates the burden of medical care on low-income families.
Rather, the reality is that families with mediocre incomes tend to remain low-income due to such benefits.
Although there are differences from state to state regarding property taxes, I heard that the concept of home ownership tax was designed based on the concept that land is a public good.
So I think people will be convinced and pay even if they charge 1-2% of the value.
If it’s extreme capitalism, you might wonder why I have to pay tens of millions of won in taxes every year when I bought it with my own money.
I’m not completely dissatisfied, but I think the answer is to accept it.
And the anti-monopoly law.
This is an anti-capitalist law adopted by the United States, which experienced extreme monopoly capitalism in the 19th and early 20th centuries.
I won’t say anything about the evils of that time because everyone already knows about them, but I think it’s right to think that America’s competitiveness has increased day by day since the enforcement of the anti-monopoly law.
Rather, I think Korea is going further towards the extreme of capitalism in that regard.
There may be more if you look for them, but these are the ones I can think of, so I’ll write them down here.
The United States is not the extreme capitalist country you think it is.
However, it is a country that believes that money is the most objective measure.
