Why is CAPITALISM bad and for the economy?

Answer 1

Capatalisim doesn't account for everybody and therefore in my opinion is one of the worst methods of economy you can find.First the few control the weath and they can buy political power.Thus they live lavishly at the average joes expense.It promotes privitisation and greed.AVOID IT

ANSWER

"Its all about me"- simply can define why capitalism always will fail in recessions and poverty. The philosophy capitalism can be defined as survival (good- usually the philosophy of small businesses) and profit maximization (demonic/satanic usually big multinationals). Now having a small business for the survival of your family is fine and should be encouraged as it can help individuals to increase their prosperity. However big multinationals cause big problems in the world with their wanting of profit maximization causes poverty, environmental destruction, "wage slavery", destruction of democracy e.c.t. (the capitalist notion is AGAINST universal suffrage). Humans are degraded into merely machines of production- which is a Marxist ideology but can be seen as slightly true to a limited extent, as companies simply motivate staff so they receive greater profits. Capitalism also has a union with the government to make themselves richer. This is called FASCISM.