Is capitalism doomed.

Throughout the history of America, capitalism and the men of wealth and power, the movers and shakers moved America forward . They built factories and they needed labor and people needed jobs. The two elements existed hand and hand for many years, with both sides gaining and the country prospering . America was moving forward , the people were working having families buying homes and personal items and the men of wealth were growing their empires. The country needed railroads, roads, bridges and other infrastructure to support the growth . Taxes: America started to get more and more money from taxes, both personal and corporate and as America grew, more factories were being built and more people were working and paying taxes. The expansion seemed to have no end. America was leading the world in most things with a standard of living many times that of other countries which was improving with each generation. Greed: As America grew, it was clear that not everything was in perfect harmony. Along with the industrial revolution came a whole host of problems for the common worker. Industrial accidents , pollution, worker grievances and the like were taking their toll and driving up the cost of doing business. Politicians: With growth came the need for someone to protect the workers from the ever increasing risk to their lives. Vote for me, I'll protect you came as a battle cry from many a politician and with that many Governmental commissions and departments were established to deal with the ever increasing perils facing the American worker. Health and safety: it was clear to many that the industrial revolution was not without it's cost. Increased deaths due to unsafe conditions and pollution emitted from the smokestacks and other discharges of American industry, plagued the owners and workers alike . Cost continue to soar: With each problem came an increasingly expensive set of regulations. Taxes continued to climb, cost soared and prices rose. New commissions, departments and agencies were formed. The added expense equaled ever increasing taxes and more cost in order to comply with the ever increasing regulations , the dizzying spiral continued unabated for decades. More politicians: On the other side there was help for the men of wealth and power, doing their best to control the regulations thus keep the cost down. They saw that the ever increasing regulations were driving cost up and profitability down making it harder to compete with an unseen adversary. Commissions, departments and agencies were now running unchecked and both sides fought for control, establishing more commissions, department and agencies to oversee the commissions , departments and agencies that had caused bloat, waste and abuse. Bigger is better: More taxes to fund the newly established commissions , departments and agencies. Then there was new commission , department and agencies heads appointed by the controlling party to run the newly formed entities along with the need for more taxes to fund said groups . Who's in power : With each election cycle , the group winning the most seats got to make the rules , adjusting them for their particular needs. Higher wages: With each increase in Governmental regulations came about an accompanying increase in the price of the goods manufactured by the affected company. Unions: As the American workers saw their purchasing power decrease they had run out of ways to earn more money. College and trade schools for some , but many more were caught without any means to better their predicament. Enter the unions, labor it seems decided to join forces with each other in order to increase their pay figuring that if they could force a shut down or at least a slow down it would hurt the owners ability to earn money and they would be forced to pay them the pay that they wanted. This tactic did indeed work, and the workers achieved their limited goal of a few cents here and there. Unknown cost: The victories were always short lived however and the affected companies would just raise their cost , and once again labor would be unable to buy the very products that they were building. Again: Labor seeing that they had been losing their purchasing power would be legally bound to their contract and struggled to make ends meet. At the end of the contract the labor unions would once again call for another work stoppage in order to once again increase their purchasing power. These strikes as they began to be called were seen as a God send for many of the workers , as they could not see any way to increase their ability to earn any more than whatever the current contract would allow. Enough: There did come a time however when the owners had been taxed and regulated to death profitability was down and they have had enough. They saw that there was a whole world out there with cheap labor and no regulations, and at the sign of the next labor strike they just moved their production to those other countries with the cheap labor and non-existent health, safety and environmental regulations. Record profits were now the norm, things looked great, money was being made and cost were down . Millions of unemployed Americans were now without the purchasing power that they had been accustomed to and enjoyed and found it harder and harder to find suitable employment. Year after year they hunted for employment and saw an ever decreasing employment market as many of the remaining companies had now gone to contract labor or worse, hired illegals to do the work that many Americans had once done. But it appears that perhaps labor will get the last laugh as there are not enough American's left working and earning an income to be able to buy the very products that are now made in foreign countries at a fraction of the cost that they once were. And what about the foreign labor, they don't earn enough money to buy the very products that they are making.