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Capitalism In The 19th Century

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Throughout history, there were many oppressive systems so the elites can keep the masses in check. They include feudalism, which ties and forces peasants to work on a piece of land, slavery which turns people into property, and recently, capitalism. Capitalism is a system where trade and industry is in the hands of private owners and not the state.Although people claim that capitalism gives people more freedom over their wealth, it is one of the many forms of oppression as it is the cause of exploitation of labour and resources.
Capitalism leads to the exploitation of human resources. According to David William Pear, Henry Kissinger states that, “Who controls the food supply controls the people; who controls the energy can control whole
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According to Tejvan Pettinger, “Economic freedom helps political freedom. If governments own the means of production and set prices, it invariably leads to a powerful state and creates a large bureaucracy which may extend into other areas of life.” Although that it is true if the government owns the means of production, a large and controlling state will have to be created, if the government is brought into power by the people then it will do what the people what the people want. Moreover, according to OccupyTheory, “In a capitalistic society, anyone can start a business and make decisions for that business as well as receive profits from the business.” Although this may be true in a capitalistic society, if someone’s business grows large enough, they can buy up other people’s businesses and create a monopoly on the service or goods that particular business provides. This means that if anybody wants a good or service that a business has a monopoly on, that person would have to pay whatever price the corporation wants someone to pay. Although it may be true that capitalism provides people some measure of control over their wealth, wealth tends to be concentrated in the hands of

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