Question:

For what reason(s) do many pro-capitalists hold ill feelings towards the impoverished?

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Doesn't capitalism guarantee that some people will experience poverty no matter their efforts?

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3 ANSWERS


  1. Capitalism is a pretty word for stepping all over other people as you gether a lot of money.

    The impoverished make them feel guilty since they still have a conscience, although they may try to ignore it.  So, they have to make up an excuse for that too, saying things like the poor are "lazy", "inbred", "hillbillies", "losers", "alcoholics", etc, etc.


  2. Because the basis of capitalism is to "pull yourself up by your own bootstraps". America was based on the individual and if he works hard enough he can become very successful. It's an "every man for himself" mentality.

  3. Capitalism has transitioned in the U.S. simply because of its apparent success.  I say apparent because it is based upon "capital", but capital is not simply money, they are resources, people, income, production, jobs, etc.  The U.S. now imports more products than it exports, which is why we need the Chinese and the U.S. dollar is floundering.  We consume more than we produce, for one simple reason which is, those who promote capitalism have forgotten that it is always designed for the poor.  After the industrial revolution, the nobility did not immediate embrace capitalism, because their status was based upon the already existent ruling class, but as capitalism developed, the ruling class took hold of it and replaced their status with new found "capital".

    Capitalism though will completely fail if the "impoverished" are not given jobs and opportunities to thrive.  I have no way of explaining it other than saying it will cave in on itself.  The earlier comment also is definitely correct about individualism.

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