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Why is there capitalism?

Updated: 11/4/2022
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12y ago

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Firstly, no one has pure capitalism. Secondly, you likely have capitalism because, relative to older forms of social organisation, capitalism has been far more effective and better for not only individuals but society as a whole. Thirdly, capitalism continues to survive, largely, because the system is conservative and the ruling classes in capitalism do not wish to make significant changes.

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