2007-11-11 10:09:48 · 4 answers · asked by Y!A-FOOL 5 in Social Science ➔ Economics
Absolutely! I've been extoling this idea for years. Under pure capitalism, only the strong survive. However, strength in this context does not mean physical strength, but the power to provide value to the market.
2007-11-11 10:17:46 · answer #1 · answered by Homer J. Simpson 6 · 1⤊ 0⤋
It would be nice if capitalism actually rewarded talented and hard workers but the reality is that it usually doesn't. For example, look at what we have in office right now. Does anybody actually believe he got into Harvard and Yale because he was a brilliant student and a hard worker and that he got to become president because he was the best? No, what we have right now is a system that benefits the rich and they get all sorts of special privileges even though many did absolutely nothing to deserve them. I don't think that's right.
2007-11-11 18:44:44 · answer #2 · answered by RoVale 7 · 0⤊ 0⤋
Capitalism is a system whereby the worker gets rewarded for his work and energy.
Socialism is a system whereby the government takes the workers rewards and gives it first to itself and then to other 'needy' and then lastly to the worker. No matter how hard you work, you will never make more than the 'average'. As determined by the government.
2007-11-11 18:33:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋
As from my view yes... Capitalism is just a game in which the strongest wins... in this case, the strongest would be the one with a large quantity of factors of production (land, labor, capital and entrepreneurship) and the ability to allocate them in the most effective way...
GOOD LUCK!
2007-11-11 19:19:04 · answer #4 · answered by Q&A 3 · 0⤊ 0⤋