It is interesting to me that even though we are a "capitalistic" society, America is always violating its own rules. I’m not talking about socialistic/communistic policies, such as welfare, etc. I’m talking about our own policies to “protect” ourselves. America continuously subsidizes steel manufacturing, farming, and other industries.
I contend that if we truly were a capitalistic society then we would let other countries produce these types of products because they can do it cheaper, faster, and better. We in turn would competitively produce with our competencies whatever product we make best (big cars, movies, music, and porn).
With our global society today and this formula, our products we could purchase and produce would be bigger, better, and cheaper.