This is a decent youtube clip emphasizing positive aspects of capitalism.
https://www.youtube.com/watch?v=_n6ivGgb9RYMore fuel for the discussion on capitalism fire.
The main point alleged here is: "
world poverty has fallen by 80% since 1970".
They claim
capitalism is the main driving force behind reduced levels of poverty over the past 5 or so decades, which in turn implies capitalism creates elevated living standards.
Capitalism is also helpful for the government to generate income from private sector all of those income is very important to create a good infrastructure make a Livelyhood program by the help of LGU's including mayor providing all the needs of the poor. that's exactly capitalism is important to the country upgraded infrastructure created more jobs for the poor to less poverty.