"Capitalism has enough evils that people have been prompted to look for a better system," writes John T. Ellmaker in his new book, Upgrading Our Economy. "Socialism and communism have been tried over extensive time now and the results have been disappointing. Any practical economic system must take into account the tendency for people to pursue their own interests. Free enterprise does do that. But the capitalism that has been adapted in the United States still is not altogether satisfactory." Two generations after the launch of President Johnson's "Great Society," poverty is still with us. There are legions of people who take more than they give back. And despite all the taxes, the U.S. government debt continues to grow; a significant portion of both our private and public debt is now foreign owned. As we live beyond our means, the ownership of our country is gradually moving into foreign hands. As we lose ownership, we have to send wealth to foreign property owners, and we lose control of the things affecting our lives. "A lot is said about what is wrong with our economic systems," says Ellmaker. "What 'fixes' are suggested are usually given in isolation, without consideration of the overall consequences on the whole." Since the media, in the author's opinion, offers very few solutions to these problems, it is Ellmaker's hope that this informative work will help shed some light on a very complex subject, one that concerns all American citizens.
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