The United States is a nation built on the ideals of self reliance, self-determination, ambition, and hard-work. Americans admire self made success, which all seek to emulate in some manner. Americans value the pride of labor, achievement, creativity, and innovation.
A nation built on the governance principles of being of the people, for the people, and by the people should have an economy owned and operated by the people. No economic system captures the productivity, innovation, and energy of private citizens like free market capitalism. No other system lifts people out of poverty while expanding national wealth at the same time.
In the above content, the benefits of free market capitalism and flaws of socialism are covered. While changing economic models is a radical idea, policymakers implementing minor tweaks is appropriate to expand opportunity where needed.
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