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In defense of Capitalism...

Name: Anonymous 2010-12-26 19:39

Throw me your arguments against capitalism. Keep it on topic as well.

Name: Anonymous 2011-01-13 2:45

The trickle down effect of Capitalism doesn't work very well. Sure, there's a correlation between the rich getting richer and the poor/middle class getting richer, but there is a huge gap between them and that gap won't ever close.

The only example I can really give is of the world here: A country like the US will improve, and a country like Zimbabwe will improve with it, but it's miles and miles behind, and since it improves at the same rate or slower there is no difference or an increasing gap.

How is a country like Zimbabwe, where hyperinflation runs rampant, supposed to pull out of its economic struggles?

Obviously, there are exceptions to the rule though, such as India and China.

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