Capitalism never works for the whole of society. It favors the rich. Sorry, but I do not agree with you. Just look at our economy today and in the past. History repeats itself. Capitalism has caused major turmoil in our country, mostly for the middle class.
Originally Posted by HoustonMilfDebbie
You want to give a few examples and remember that capitalism has elevated more people from poverty than anything else in world history. With capitalism the middle class can hope (with hard work, inspiration, and ambition) to become rich. Capitalism can also be responsible for someone rich to become less than rich. Like you said, just look at our economy. Better yet, look at a socialist economy (which is what your recommending) and see how many people were helped at the cost of some many more. Even your last statement that capitalism has caused major turmoil.... yes, it has taken people like Bill Gates and Steve Jobs and made them billionaires and with them, thousands of people into millionaires. Those millionaires transferred their wealth to home buildiers, landscapers, car dealers, pool builders, etc. There's your turmoil.