In defense of Capitalism...

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

Many religions have criticized or opposed specific elements of capitalism; traditional Judaism, Christianity, and Islam forbid lending money at interest. Christianity has been a source of both praise and criticism for capitalism, particularly its materialist aspects. The first socialists drew many of their principles from Christian values, against "bourgeois" values of profiteering, greed, selfishness, and hoarding.

Some Christian critics of capitalism may not oppose capitalism entirely, but support a mixed economy in order to ensure adequate labor standards and relations, as well as economic justice. Pope Benedict XVI issued an encyclical Caritas in Veritate (Charity in Truth) in 2009; he stated: "The dignity of the individual and the demands of justice require, particularly today, that economic choices do not cause disparities in wealth to increase in an excessive and morally unacceptable manner." and "Therefore, it must be borne in mind that grave imbalances are produced when economic action, conceived merely as an engine for wealth creation, is detached from political action, conceived as a means for pursuing justice through redistribution."

Islamic law recognizes the right to private property but regulates economic activities. A 2.5% alms tax (Zakat) is levied on all gold, crops, and cattle. Shia Twelver Muslims pay an additional 20% on all savings (defined as income minus expenses on necessities like food and shelter.) Usury or riba is forbidden, and religious law encourages the use of capital to spur economic activity while placing the burden of risk along with the benefit of profit with the owner of the capital. Methods of Islamic banking have been developed. The Islamic constitution of Iran, which was drafted mostly by Islamic clerics, criticizes "materialist schools of thought" that encourage "concentration and accumulation of wealth and maximization of profit." Sayyid Qutb, an Islamist writer, criticized capitalism in his 1951 book The Battle Between Islam and Capitalism.

Indian philosopher P.R. Sarkar, founder of the Ananda Marga movement, developed the Law of Social Cycle to identify the problems of capitalism and proposed the Progressive Utilization Theory (PROUT) as a solution to its ills.