Romney’s Brand Of Capitalism Destroys Jobs & The Middle Class–He Must Atone To Become President

Mitt Romney wants to be elected based on his business acumen. It is fact that Mitt Romney is successful. It is also fact that he followed all the rules of capitalism to accumulate his wealth. Mitt Romney likely broke no laws while amassing his wealth.

At Bain Capital Mitt Romney’s fiduciary responsibility was to his shareholders. He did his job and he did it well. He made himself and his shareholders increasingly wealthier. Capitalism as he practiced it knows no humanity. As such the process of taking a fairly healthy company, saddling it with debt in order to extract capital to enrich a few, and lay off workers, while legal is inhumane. Many lost pensions they’d earned, lost health insurance they thought was secure, and simply lost their best working years.

In amassing his wealth Mitt Romney showed the two major deficiencies of his brand of laissez faire capitalism. These are the complete disregard of what happens to middle class humans and the ability to extract capital from companies using leverage.

Romney believes that those that scrutinize his business practices which allowed him to amass his immense wealth are doing so out of rich envy. He believes that regulation for the most part is a bad thing even as a lack of regulation almost destroyed our economy.

A president need not be poor or middle class. We have had many wealthy presidents. It is imperative however that a president is empathetic. A president must understand that he is president of humans and not the president of an economic system, not a president of capitalism.

A president must understand that all isms that we support are tools to serve our citizens and not the other way around. As such our president must be willing to use capitalism as a tool to make life better for its citizens. Citizens must not be required to conform to the purity of laissez faire capitalism which currently benefits a select few. We must have a president willing to regulate capitalism for its ultimate purpose of making the lives of every American better and more prosperous.

We must all ensure that our choice of presidents meet the above requirements. If Mitt Romney really wants to be president, he must atone for the unnecessary pain caused by the companies he ultimately destroyed. He must convince Americans that he understands that in all his decisions humanity and not the purity of an economic system is paramount.

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