Responsible capitalism

Emerging economic and social instability in our nation are affirming the value of responsible capitalism with unprecedented profoundness. Eye-watering deficit, widening income disparages and life-saving health care costs that are skyrocketing are inundating our nation. Beckoning our undivided attention is the pestilential pandemic — with only a mirage for its foreseeable ending.

The dichotomy between capitalism and responsibility is evident with its current definition. But the evolving market trends, fast-paced technological advancement and inflation against the sluggish-paced workers’ compensation has revealed the importance of enlarging the value system under capitalism that can promote a more sustainable future.

The tightrope walk that balances this is the transforming decisions exacted by those who prioritize the long-term, viable goals over short-term targets. These inedible perspectives are favorable both for the system that continues to expand and the people who operate within its structure. It reduces corporations’ salivation toward short-term greed and encourages active steps required to succeed in the next year and beyond over just one fiscal quarter.

The greatness of our nation was never meant to be predicated on a centralized government but by a united front to excel in the production of material, services and the optimal living standards for its people.

Capitalism is the most economically progressive system — but only when it progresses forward with the times and the needs of its people. Only then will it be appreciated as its contributions will be both more equitable and tangible than they have been in recent memory.

Sasha Fisher

Coeur d’Alene