About
New York Economy Politics Forum (NYEPF)
A long time ago, President Calvin Coolidge had declared that the business of America was business. This Calvinist outlook gave rise to the idea of America Incorporated. Therefore, America will be better understood domestically and in the international arena if she is pictured as a syndicate of business corporations in pursuit of world domination. Meanwhile, American business corporations already wield a lot of influence in the global arena. Many American business corporations have become politically more powerful than small nations within Latin America. The industrial corporation is also the most revered political entity within the American democracy. Capitalism has had many variants, but the Anglo Saxon variety of American Capitalism has a very unique characteristic. American Capitalism was never principally contrived to create a prospering middle class or provide robust social safety nets. On the other hand, the fundamental objective of American Capitalism was to help create a nourishing environment for talented entrepreneurs who wished to build big businesses with a global outreach. However, this refreshingly outstanding neoliberal Anglo Saxon American ideal of encouraging entrepreneurs to build industrially advanced societies was never articulately communicated to mainstream societies. Another equally refreshing economic ideal of allowing financial syndicates in Wall Street to climb up to the top of the food chain was also never explicitly communicated to mainstream c