Post
Topic
Board Economics
Topic OP
Is the Capitalist system still the most sustainable choice for economies?
by
CTO114
on 26/09/2025, 13:16:40 UTC
Over the years, Capitalism has been a popular economic system, where the resources and key decisions of an economy lies in the hands of private individuals.
It has a lot of merits though; it brings about innovation, wealth creation, profit motivated etc.
When we closely look at a Capitalist state, we start to see a lot of exploitation, instability, and the unfair prospect of being automatically wealthy if you're born into wealth.
A good reason why developing countries' individuals and those in authority tilt towards corrupt practices.
A true Capitalist system has started to experience its cracks.
The question is then posed, is it the best system for economies of the world?