A capitalistic economy, like that of the United States, produces big winners but also big losers. This is simply the nature of the system. However, our government has created social safety nets to catch those who have fallen into poverty, like welfare and social security. The American government has done all that it can do in order to assist those in poverty. At one point the impoverished individual must take action and utilize our capitalistic economy in order to sustain a better quality of life.

My parents brought me into the world when they were only eighteen and nineteen years old. This mistake made life very hard for the two of them considering they only had high school diplomas and came from families that did not have the means to assist them. At the time of my birth my father was burdened with being the sole breadwinner in the house. This, of course, brought financial strains onto my family. My parents did seek government assistance, but they were determined to climb the economic ladder and create better lives not only for themselves, but me and my two younger sisters as well. My father pursued a career in construction all while taking night classes at the local …show more content…
However, hard work and dedication is very difficult and often times demoralizing, causing people to enter poverty. While in poverty, the government assists these people, creating an environment where they are simply given everything. This then traps those in poverty because they see no reason in working when they will have the same quality of life whether they work or do not. In order to prevent this, we should educate our youth on the importance of hard work and education. We need to convince these children that no matter their economic background they will be able to succeed. I strongly believe in the American Dream and the idea that capitalism will commend those who deserve