Mar
12
Posted on 12-03-2009
Filed Under (uncategorized, Finance, Family, Being Divine) by bluskygirl

I can’t help thinking the last few months about how our country, and the world, got to this place. Here we are, the economy of the world teetering on the brink of total failure, and no one seems to be reflecting on why we’re here; only how we can get out of it. Isn’t that the first basic rule though, problem solving? Don’t you have to understand how the problem came to be before you can solve it appropriately? Yes, banks gave out loans to people they shouldn’t have, and yes, credit card companies and the like we’re allowed to do what they wanted because regulation was lacking. But is that REALLY the problem? I don’t think so. I think it’s the symptom of a bigger problem. It’s a symptom of something that the companies of the world have lost. Integrity. Morals. Compassion. I mean, let’s face it. This whole economic “disaster” is really a simple function of greed. Somewhere along the way, these companies stopped thinking like individual human beings and started thinking as a machine. Money. How can we get more of it? What can we do to increase our bottom line? Who cares about what the costs are to others, it only matters what we stand to gain.

Let’s go back a few decades… say 5. So we’re in the 1950’s. For the most part, didn’t the Capitalist System work? Why did it work? Because even though companies were in the business of making money, it wasn’t at the expense of the people who paid for their services! Nor was it at the expense of the people who worked for them! WOW! What an idea. There was this overall sense of responsibility to each other, and a responsibility to their moral selves. To America. And those CEO’s and CFO’s and small town business owners realized that screwing over their “neighbor” might be a good short term way to earn more money, but long term it would be a disaster for them.

Now we have a system which has been built on greed. Teach people they need to buy. Teach them they need NEW things all the time. Teach them to live beyond their means and that it’s totally okay. In fact, it’s more than okay. It’s a status symbol to have the newest car, biggest house, most expensive shoes. Is it to make our lives better? That’s what we’re “trained” to believe- that the shiny new car will make us happier than our current less-shiny but relatively new car. But it’s not really about us, it’s about them. They need to sell more, because whatever their percent profit margin is now, is not enough. They need to make more money, because that’s what businesses do. And that’s just what happens to customers!

What if you’re an employee? How does it make you feel to know that you work more hours than most people in other countries, have to pay for your own health care and barely make enough to keep up with inflation, when the head honchos of your company are getting billions in bonuses? It’s even worse when they do a SHITTY job and get an even bigger bonus for leaving! Why? I have to say, I was absolutely moved by the bank CEO Leonard Abess, Jr. who gave his $66 million dollars of his own profit to the company’s employees. That guy should be our role model.

So, companies are going under because they sold bad loans. They knew what they were doing. It was short-term BIG gain without regard to long-term consequences. Now many of us are unemployed, in foreclosure, bankruptcy, or in debt up to our eyeballs. What do they want us to do to help the economy? Take out more loans! Yeah! What a fantastically insane idea. Take out more money that we don’t have so we can buy shit we don’t need and can’t afford. Am I the only one who thinks this is asinine?

And our government, I realize they’re in emergency mode and worried about companies and conglomerate’s failing that our economy requires for survival, but I am absolutely certain that bailing out a company who fraudulently operated it’s business for the sole purpose of making their bigwigs and stockholders rich at the expense of everyone else, should NOT be saved. They should succumb to the Capitalist System. It’s a good system. It means that if you offer a good service at a competitive price and you operate honorably, you get to grow and prosper. If you’re a bad businessman, are greedy, lie to your customers or sell a bad product, you go out of business. That’s how the system is supposed to work. We’re trying to fix a system that was broken long before it began it’s recent descent. I have no doubt in the Capitalist System and no doubt in America. I do not believe, however, that we should be trying to repair a system that is dependent on the citizens of this country going into debt, and allows greedy, selfish companies to be bailed out so they can continue to operate the same ways. And why wouldn’t they? There was NO consequence to what they did! They made a gazillion bucks and now the government covered their ass. They’ll do it again.

I think that the only way to truly fix this, is to realize that this whole problem comes down to the human level. The humanity of not just doing what is best for you, but what is best for the people around you, the state you live in, and your country. It means saying, I’m not going to buy from a company who operates like this. I’m not going to work for a company who has such a low opinion of it’s people. It also means not letting the machine suck you in, and realizing that the idea that our economy HAS to be based on consumerism alone is a scam. There are other ways to have a successful economy. And most of them would probably equate to a healthier economy as well. One more thing: think back to the 1950’s. Do you think people shopped and bought like we do today? No way. People saved for a TV. They drove their cars until they didn’t work anymore. They didn’t need 12 things, all the same just in different colors. They only needed one.

As much as I am angry at the corporations, we also have to realize on an individual level that we are all equally to blame. We have to take responsibility for the fact that we fell for what they were selling. I did. I went shopping every weekend. I saw things everyday that I thought I absolutely couldn’t live without. Things that would make me happier, hipper, whatever. I bought them on the spot. Even if I didn’t have any money. They sold us this idea, we bought it and here we are. I don’t want that anymore. I don’t want that kind of life for myself, that future for my sons, and I certainly don’t want to support the institutions who want to keep the status quo. But maybe that’s just me.

Other Posts of Interest...

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Blog Carnivals for 9/17/07 by bluskygirl on September 17th, 2007
Here's a list of blog carnivals that I've chosen to participate in this week.

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Comments

john on 8 August, 2009 at 11:44 am #

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Diana on 1 January, 2010 at 11:30 am #

It’s like you are taking the thoughts out of my head and writing them down for me. Thank you.


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