What's your opinion of capitalism?

Question

What's your opinion of capitalism?

Answer 1

Capitalism is good and has its benefits.  Its the economic system that I support and find that it creates the most prosperity out of all the systems.  Thanks to it, many economies have grown and wealth has increased.

It has its problems however.  From exploitation to jobs being moved overseas (the two are related yes) capitalism has its cons.  There is also a lot of greed and injustice.

Nevertheless, it is the best system out there.  It promotes growth and efficiency.  Communism and socialism have the state control at least parts of the economy (and in one, private property)- they don't do a good job of it.  The market is much better run by itself than with govt controlling a large part of it.

However, there cannot be pure capitalism.  It has to be a mix.  Today's economy in America is a mixed one that tends to have more capitalism, but is still mixed.  It has- and is mainly consisting- capitalism.  That is why it is strong- despite recent troubles it is still a big and good economy (yes there are slowdowns but its not bad economy, its still strong compared to many other countries).

Communism and socialism have not worked in my opinion.,

Answer 2

IT promotes freedom and opportunity. At the same time, things don't always distribute fairly, as it also a political system.

I can't see all good or all bad in it. It's a mixed bag.

Answer 3

Capitalism is the ideal form of economy not only for economic prosperity, but also for social and polticial reasons.  When international capitalism is in TRUE  effect i.e no trade barriers at all it brings about peace. (European Union)  (Although European countries are not currently free with in them selves when trading with other countries they are well off.)

Capitalism mainly promotes compeition in all aspects of the economy which is why it is successful.  It lets the weak companies and people fail and the stronger ones are lifted up.  Just like nature.  

Capitalism is sometimes seen as being unjustice to the poor.  This is untrue.  Capitalism unlike all other forms of economic practices gives a fluid moveable class system in which one can move up or down.

Capitalism is also called anti poor people becuase it creates such an economic divide.  In fact it really makes the rich alot richer and the poor just medimum richer so everyone benefits but it cant leave the poor behind foor good because of shear number meaning exploitation of the poor is basically impossible because of the mass of people creating the majorirt of consumers in  the market .