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Capitalism In America

Part one of term paper
"Work hard, save your money, and you can become wealthy - or, at least, "independent!" This is the motto of old-fashioned, "free enterprise." It expresses the idea that everybody in a capitalist society can participate and compete on the same terms with similar chances of success. It implies that the working class is just a collection of indi ...

Part two of term paper
... is the reality behind this capitalist thinking? In the past, working people in America have had more opportunity to go into business or to get land for farming than anywhere else in the developed world. At the time the U.S. Constitution was written, it was generally assumed that only property owners should have the right to vote and participate in government. The "Free Labor" thinking of the Republican Party before the Civil War was basically a form of the capitalist work ethic. It meant that if 1) ...

Word count: 786 | Approximate pages: 3

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