How does capitalism affect the lives of people?

Answer 1

In some ways, it can help individuals. You know there is no government to help nor hinder you, so you understand well that you will either sink or swim. You know that if you want anything in life, you will have to work hard and make it happen. You would be able to call nearly all the shots with your own money. If you become one of the strong ones, you can make it.

However, there are downsides. Not everyone can compete in a capitalist world. Because of handicaps and discrimination, not everyone would have the same chances of getting ahead. So a system designed to make everyone strong as individuals may actually make some weaker. As a result, those who cannot compete in a capitalist world may turn to crime or otherwise take from others.

Answer 2

It is hard to tell Because there has to date been no capitalist society. Capitalism takes the credit for a reasonably free market economy which in the long run is having the effect of distributing wealth among producers and consumers, however there is no such thing as a free market.

Answer 3

Capitalism is the economic system that operates in most countries in the world today. How and what people produce and how the wealth created in this process and how it is ditrubited affects every imaginable aspect of society. Politics, religion, culture, everything you can think of.

Answer 4

To rephrase the question: Should the nation's wealth be redistributed?

Answer: It has been and continues to be redistributed to a few people in a manner strikingly unhelpful. - Kurt Vonnegut

Answer 5

Education is to the point where people cannot spell properly.

Answer 6

becuzz the ownership of the production, distribution, and exchange of money is made by businesses.