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Does Capitalism Create A Better Place For Everyone Essay

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Does capitalism create a better place for everyone or can it only bring luck to the highest class? Capitalism privatizes the economy and limits the government enrolment, removing the subsidies to the poor, and the taxes to the rich.

Source one shows the opinion of John Maynard Keynes towards capitalism. Capitalism is the system where private companies own most of the trade and companies. Keynes believes that the capitalism brings out the worst in person, while that person believes they are doing the best. Limited government involvement, a part of capitalism, has previously brought down powerful countries with what is known as the great depression. The idea that the “…most wickedest of men will do the wickedest of things for the greatest good of everyone.” gives the impression that ideologies of …show more content…
Capitalist societies are dictated by the private ownership of economic goods, the government does not have the ability to subsidize out of work citizens nor the power to ensure the help to regain footing once laid off. Limited government involvement can affect the countries ability to ensure the country will not go through a complete economic bust. Capitalism revokes the ability for a welfare state, taking the safety net of the government involvement.

The final source, a quote by Milton Friedman, is in favour of capitalism. He shows support for the political and economic choice because he does not believe that the citizens without work should be helped. This is a topic that is highly debated due to some beliefs that the out of work are just lazy, while others believe they are just lacking chance. Capitalism caters to the wealth while the working class and the poor are left with little. The protection of human rights tends to be forgotten in favour of creating what is perceived to be a super

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