Sunday, February 15, 2015
Rachel Zellie, Chapter 2, Question #5
While reading the topic capitalism and competition came up. I think that to many Americans this is a controversial topic, because we are so proud of the freedoms our country has. One of our freedoms is the freedom to have a free market which in turn produces competition. Whenever there is competition there has to be winners and losers. Americans often accept the competition but because there always has to be a loser when we are thrown into this market many begin to fight against it. The real controversy arises specifically to in regards to small businesses. It seems lately that the amount of small businesses in cities has decreased due to larger corporations such as Walmart. Many Americans get passionate about this topic because they don't like seeing others put out of business and losing their jobs because of the big companies even though they once praised the competition of the market. Personally I don't know where I stand regarding this issue. Yes it sucks that many small businesses are put out of business every year but not everything in life can be made fair for everyone.
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