Post
Topic
Board Economics
Re: Capitalism will make socialist ideals a reality
by
robbietobby
on 05/09/2018, 15:50:25 UTC
Based on one article, under capitalism all people have a chance to make a better life for themselves, people have incentive to work and earn money to be spent. We have seen it throughout history that under capitalism many more people prosper than under systems like socialism and communism that often result in the birth of oppressive totalitarian regimes. In capitalism private property is sacred, the individual is respected with the right to a pursuit of happiness. Without capitalism many great innovations would have never come about. Many would argue that the worker isn't respected and is repressed by an oligarchy of corporate leaders, this is simply untrue due to the fact the worker has at his disposal the most precious commodity in the world, his labor. If a worker isn't treated fairly and receives to little pay, they have the ability to quit there job and work at a better company. This means if a business man wants workers to work at his business and produce the product he wants them to produce he must provide proper working conditions and wages in order to attract labor thus benefiting the worker. Capitalism is a good system