The example Provident provides is exemplary of what the founding fathers of America had in mind with the idea of democracy. Since all men are created equally, it seems only right that we would contribute to the betterment of all, including those of different races. The Provident example is key is illustrating that “a solid investment strategy” in the form of philanthropic giving helps to fuel the economy on many different levels.
Since Provident, “A greater percentage of our population has achieved a higher standard of living than any other country with our levels of diversity. ” In the spirit of democracy, self funding provides more opportunities, which provides a positive element to capitalism. Those who have already benefitted from capitalism have the opportunity to fuel new opportunities for more people, providing a unique balance between democracy and capitalism.
This is why the United States has been so successful; more successful than any other nation actually. This balance is necessary in order for either of the two systems to work correctly and fairly. Without philanthropic giving, a very unique feature of the United States, this balance would be impossible. Generosity blurs some of the social restraints placed on people in different economic brackets and allows more people more opportunities for success.
