Essay on Too Much Money Is a Bad Thing?

805 Words May 20th, 2013 4 Pages
Money is the economic fuel upon which our world runs, but human nature inevitably exploits it for personal gain at the expense of others. Without a standardized monetary system, society today as we know it could not exist. A catch-22 of any social or financial system is that inevitably a handful of individuals will gain too much control. Conversely, a system in which the individual is not free to gain wealth/control as he pleases also leads to the same end result. In our 21st century North American society, the power balance is such that the money lenders have dominated the power market. The gap between the rich and poor is growing, and fast. The richest members of society have become so powerful that they can simply buy the legislations …show more content…
So what is the solution to our society's ills? Is money inherently evil? The staunch opponent of capitalism, communism, proposes that a system in which everyone is given an equal share of resources in exchange for work on a government-run progrom is the logical solution to the capitalist problem. As we can see, this does not work in the real world. This also leads to the same problem: power consolidated in the hands of the few, to the point where it is detrimental to the society as a whole. This is much worse than our system in which the working man is held to a low standard of living, but is still free to vote with his dollar. Another alternative suggested is Anarchy, in which there is no financial or government system, and individuals are free to live however they want, on their own terms. For obvious reasons, this is not a suitable system. Capitalism, for all its flaws, really is the best system man has invented thusfar. Man is accountable for his own success, there is mobility between social classes (although it is difficult to move up a rung), and man can live the way he wants to, within reason. Everyone is free to accumulate as much wealth as they can, and the more you make, the more you are taxed. So what could possibly go wrong here? The problem is that those who win the game get to make the rules, and they start acting in their own selfish interests. Society as a whole suffers. How do we stop those with vast amounts of power from…