What are the pros and cons of capitalism?

Answer 1

Pro
It allocate resources efficiency at most times and promotes economic growth. Since economic decisions are not made by the government it also allows more personal freedom than other economic systems, but political freedom does not always exist with capitalism.
Cons
It treats workers like resources and often produces large income equalities. It is subject to business cycles with unemployment , wasting resources and which can leave a large fraction of the people destitute for years.