Capitalism is devouring itself. The greatest threat to entrepreneurship is the savage neoliberal global economic order which has developed.
No longer does financial opportunity exist for the one who builds a better mousetrap. Our current neoliberal order suffocates the entrepreneurial spirit capable of lifting individuals toward greater financial rewards and a higher economic class. What we have now is the fortification of ceilings, which prevent upward mobility, and porous floors, which facilitate downward spirals.
If we ignore sexism and racism for a moment, there was a time in the 1950s in the U.S. when a one-income household was sufficient to buy a house, take a yearly vacation and put one’s children through college. Today, a multi-income household is not enough to buy a house and if children do go to college, they are burdened with crushing student loan debt. What went wrong?
READ THE REST OF THE ARTICLE HERE: AT GOOD FAITH MEDIA
