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Thread: Has capitalism failed?
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[quote=GUEST1210,332892]“The financial crisis has exposed capitalism's darkest imperfections. But it is still the best hope we have of creating wealth and opportunity for the many”- Requote from Leonardo’s thread. “I've always thought of capitalism as the liberty to see an opportunity and profit from it.” ---Griz326 For those who thought “capitalism” as the best opportunity to create wealth, I suggest you think about a question futher: Is capitalism good for the poor? Allowing individuals to act unhampered by loose government regulations, capitalism has created unprecedented growth and prosperity. The key question is, workers create all the wealth under capitalism;a large portion of wealth is distributed to the wealthy. The ordinary workers benefits little from capitalism. Most workers who created the wealth stay poor. Capitalism might be the best opportunity to create wealth; wheras, it is far from an ideal system in terms of the redistribution of the social wealth. To address your concern, “has capitalism failed?” my answer is “NO”. Capitalism has its tumor. It is not terminal. Capitalism is good for the rich. [/quote]
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