Economic critics of economic growth usually argue that economic systems are self-correcting. The laws of demand and supply are supposed to work automatically in a free market, the rationale being that, with no government involved, all decisions are made to ensure that everyone gets what they want. So, why is the economy always getting run down? The answer is that the system is self-correcting in the wrong way. In other words, when it is being run down, there are certain things that need to be done so that it can become a healthy and successful system once again.
One of the biggest critics of economic growth is the critics of the state. Many of these critics blame the poor performance of the American economy on crony capitalism and argue that too many large corporations have grown without giving back much to the country. However, when it comes to the number of bankruptcies and lay offs, there has been nothing to complain about as the result of the economy is getting better. Also, it should be noted that the number of mergers is growing as well, which is another sign of success for the American economy. In fact, some economists argue that the number of bankruptcies is actually a good sign because it means that businesses are making money and that they are willing to do what it takes to keep their businesses viable.
Another group of critics of economic growth is what they call the rent seeking elite. These critics of the system argue that the rich are getting richer because they are using their money to influence the political system to serve their will, thus preventing the distribution of wealth to the people who actually need it. The only thing that these critics of economic growth seem to forget is that the system itself was created by the people through their elected representatives, and if they change the system, they will lose the wealth they have gained so far.
The richest people on the planet are not the critics of economic growth that are busy blaming others for their losses. Instead, the critics of economic growth are the ones who have lost money and those who have given that money away. There are no jobs being created today because businesses are not expanding, therefore there are fewer people to hire to work for those businesses. Therefore the critics of economic growth are the ones who have made bad investments and those who have lost them all.
So, in essence the critics of economic growth are those who have failed in one form or another, and those who have failed to see that opportunity before they saw it. They fail to see that the real wealth in the world is not held by the wealthy individuals and institutions that they blame for the problems of the world, but by the people who are running those institutions who are creating the wealth in the world. Therefore, rather than blaming others for the problems of the world, it makes more sense to blame yourself for your own lack of wealth and success. If you think that you can create wealth and prosperity, then you should . . . . . . try to do just that, and then you will find that you are smarter than anyone who thinks that they can only achieve if they take the rich and wealthy to be an apprentice and learn everything that they know about the field of business and investing. You really do have the skills that it takes to make wealth and prosperity come to you.
Of course the critics of economic growth also have a place in this situation. After all, they too have failed to realize the opportunity that we have been given, and they too have failed to see that opportunities which appear to have been around since the beginning of time have now disappeared. If they had only taken a step back and asked themselves ” Why did the opportunities appear in the first place? “, then they might have understood that there are many factors involved in the process of economic growth and that without having all the information available to understand what is really going on they are bound to fail to grasp the real opportunity that lies ahead.