Lately we've been talking a lot about rich people and how they became so rich, and the types of societies. We learned a lot about Andrew Carnegie and John Rockefeller. They became rich because they created a monopoly, which means their businesses soon became primarily the only business of their kind. It was smart of them to do this, but not fair to everyone else because they only had one choice as to where to purchase, in these cases, oil and steel.
Today we talked about the types of societies. Mr Boyle said that America is actually very socialist in some ways, but that Americans thought the healthcare Plan was socialist and therefore a threat to our capitalistic society. I personally don't understand what is so bad about being socialist, in my opinion it's probably better than being capitalist. In our capitalistic society, so many people and families are struggling to put food on the table, meanwhile a percent of Americans are rolling in money. I don't understand how this is fair at all. Most of the time, the poor actually work harder at their low-income jobs then the wealthy heirs do. A socialistic society would eliminate all injustice in that field, and I think that people would begin to pursue careers according to their true talents and interests, as opposed to becoming lawyers and doctors simply for the high income.
What it means to be an American
14 years ago