hhiusa
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Returning to the debate on capitalism, here is a non-comprehensive list of good things.
With capitalism, more choice is provided than ever before.
It might seem at first glance that everyone is selfishly working for their own money, but dig a little deeper and it becomes apparent that every job has a benefit for someone else.
No matter where you start in life, everyone has an opportunity to make it big. The basic principle is that the harder you work, the greater your reward.
Greed is rewarded duly with large amounts of money and the entire economy is fuelled by people working hard to furnish their own needs. In addition, greed causes competition, which is an essential part of advancing the human race.
But what about the other aspects of human nature: altruism, patience and kindness? These have their place, too, in the capitalist world. Left-wing politicians like to claim that an extensive, expensive welfare system is the only way to provide a safety net for the poor, but in actual fact there are tens of thousands of registered charities providing not-for-profit activities, from The National Alliance to End Homelessness to Save the Rainforest.
At school you selected your favorite subjects and could study them as far as you wanted, followed by applying to a job you chose from the widest variety ever seen in history.
Capitalism allows the economy to grow exponentially. It is a basic fact of economics that the more money a firm makes, the more it can invest in production, and the more it invests in production, the more money it makes.
Perhaps the strongest argument working in favor of democratic capitalism is that there is no alternative politico-economic system which has proved itself to work in our modern age. Almost every attempted implementation of communism has failed (for example, look at China – they abandoned total communism long ago and are slowly creeping towards capitalism) and any central government risks large amounts of corruption.
With capitalism, more choice is provided than ever before.
It might seem at first glance that everyone is selfishly working for their own money, but dig a little deeper and it becomes apparent that every job has a benefit for someone else.
No matter where you start in life, everyone has an opportunity to make it big. The basic principle is that the harder you work, the greater your reward.
Greed is rewarded duly with large amounts of money and the entire economy is fuelled by people working hard to furnish their own needs. In addition, greed causes competition, which is an essential part of advancing the human race.
But what about the other aspects of human nature: altruism, patience and kindness? These have their place, too, in the capitalist world. Left-wing politicians like to claim that an extensive, expensive welfare system is the only way to provide a safety net for the poor, but in actual fact there are tens of thousands of registered charities providing not-for-profit activities, from The National Alliance to End Homelessness to Save the Rainforest.
At school you selected your favorite subjects and could study them as far as you wanted, followed by applying to a job you chose from the widest variety ever seen in history.
Capitalism allows the economy to grow exponentially. It is a basic fact of economics that the more money a firm makes, the more it can invest in production, and the more it invests in production, the more money it makes.
Perhaps the strongest argument working in favor of democratic capitalism is that there is no alternative politico-economic system which has proved itself to work in our modern age. Almost every attempted implementation of communism has failed (for example, look at China – they abandoned total communism long ago and are slowly creeping towards capitalism) and any central government risks large amounts of corruption.
