The recent dramatic and sudden intervention actions of our government to “rescue” the economy come with terrible consequences. The severity of the state of our country cannot be stressed enough: the freedom of the people of the United States of America is rapidly diminishing. America has quickly moved from operating with the efficiency of the free market to relying on the government to control many aspects of the economy. This can otherwise be defined as socialism; the exact opposite of the foundation of the United States.
America was based on notoriously non-socialistic ways, especially in the economic realm, which is what sets the United States apart from others and gives us such a great economic advantage. Unfortunately, as a result of the current financial crisis, the government has steadily increased its involvement in financial markets. For instance, in most recent news, the government has constructed a plan to buy equity stakes in the nation’s top financial institutions. It was stated that “some of the big banks were unhappy about the government taking equity stakes, but acquiesced under pressure from Mr. Paulson.” This forceful intertwining of the banking sector with the federal government is a perfect example of how socialism is quickly creeping up on the American people. Now is the time to step up and take a stand and not overlook the severity of the new socialistic state our country is in.
This new socialism, or collective ownership (i.e. equity in the major banks, etc.) the government now has in financial markets, is undoubtedly going to lead to a halt in the motivation of the American people to thrive and produce. Motivation is a very simple concept and can very easily be disrupted if freedom and choice are dramatically reduced.
Motivation can be defined as an internal state that arouses, directs, and maintains behavior. The key component is that motivation “maintains behavior.” The free market easily maintains passionate behavior for the people to produce because there are endless possibilities. When a need arises, people have a great desire to succeed at fulfilling that need; simple supply and demand. Further more, this healthy and strong motivation creates competition among others, which ultimately leads to impeccable quality and numerous choices. With the free market, the peoples’ incentive to expand the economy is ever-present and quality is at its highest.
Socialism, on the other hand, dramatically minimizes the motivation of the people because they are restricted by the government’s control. The government is an entity in and of itself, leaving little power for the people. The impulsive broad power the government has taken in our financial markets will without a doubt result in limited competition, poor quality of products, and most importantly, minimal drive of the people to efficiently increase productivity.
As a part of a naturally tendency, when people are restricted and convinced there is no escape, they are left with a feeling of helplessness. This can be described as a concept called learned helplessness. Learned helplessness takes place when we experience repeated exposure to aversive events that are out of our control. Many Americans are most likely currently experiencing this uncomfortable feeling because of the great amount of uncertainty and lack of control.
The scary aspect is that it can lead to the American people surrendering to the government. At first, the vulnerable feeling strikes up fear and panic, but soon after, if people realize their behavior has little effect on the environment, they easily give up. This act of conceding to the government is detrimental. When people feel that have little chance to freely engage in the financial markets without restrictions, it can quickly leads to permanent reduced effort and success.
Do not be fooled that the strong government intervention in our financial markets is needed. Do not quit. Do not give up. Socialism is being pushed upon us and it must not be taken lightly. Before learned helplessness sets in all of us, action needs to take place. Now is the time to stand up and be a voice of reason. It is imperative that the lack of control we are all experiencing is not taken over by the powerful learned behavior of “giving up.” Instead of backing down to the government out of fear, the people of the United States of America must realize the challenge which has arose and persevere for the sake of our freedom.