Yes, it's true. Some degree of regulation of monopolistic forces usually enables the economy to benefit more than just the fewest and the most powerful. Everyone benefits the most with a balanced economy.
2007-12-13 10:14:10
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answer #1
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answered by correrafan 7
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Well capitalism is economics, your teacher is not an economics teacher, just pointing that out before I say your teacher is wrong. Your teacher sounds like a socialist, some one that is idiotically opposed to capitalism, liberty, and personal choice. An all powerful government is never the answer to any question unless the question is how do you best oppress the people. Capitalism is responsible for more wealth and liberty than any other system in the world. As for your teacher, there are far to many “teachers” that do not teach but instead take it upon themselves to indoctrinate students in their political views. Let me ask you, have you been showed Al Gore’s movie in your class, if so have you also been shown the documentary The Great Global Warming Swindle? If you haven’t maybe you should ask to see it. The lie about the debate being settled is just that, a lie, there hasn’t been a debate yet.
2016-05-23 10:42:07
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answer #2
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answered by ? 3
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Impossible to say as Capitalism has never existed unfettered. There's always been too much govrnment interference.
And anyway, I suspect the opposite is true. Allow capitalism to be totally unfettered, and you will have more middle class and wealth people
2007-12-13 10:14:45
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answer #3
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answered by Anonymous
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Yes because wealth accumulates in the upper classes. If nothing is done to control their monopoly on wealth and power, then the middle class is destroyed and the resulting lower classes continues on until there is not even enough money for food and then a revolution ensues.
2007-12-13 10:14:16
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answer #4
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answered by Anonymous
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True, but the answer isn't communism. That also kills the middle class, intentionally I might add (sometimes literally). The answer is democratically approved regulation, which seems to adequately do the job. It used to do the job anyway, but now we're employing Chinese slaves who can't be benefitted by regulation because they're in another country.
2007-12-13 10:13:53
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answer #5
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answered by Anonymous
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Get rich quick schemes in the capitalist business world, (buyouts, IPOs, conglomerates, acquisitions, mergers, and the stock market), do not actually work. Remaining solvent does not actually exist within false economics capitalism.
Profit existing in the capitalist business world, or millionaires existing within capitalism, is pathological deception committed by the 21 organizations spying on the population with plain clothes agents, (with covert fake names and fake backgrounds).
Actual economics is the persons paying the monthly business loan payments of companies voting at work in order to control the property they are paying for.
Capitalism is the psychology of imaginary parents, false economics, and the criminal deception of employees that are paying the bills (including the stocks and bonds, or shares) of companies.
Anti-Democracy republicanism is the psychology of imaginary parents, and false government.
2007-12-15 03:57:52
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answer #6
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answered by Anonymous
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Yes, it's happening right now. We are becoming a rich and poor country with no middle class.
2007-12-13 10:14:18
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answer #7
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answered by Anonymous
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No that is false. Uncontrolled socialism in the form of Democrat preferred taxes kill the middle class.
2007-12-13 10:14:46
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answer #8
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answered by Mother 6
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Capitalism is what creates the middle class.
Without it, you have land owners and slaves. Commerce gives the slaves a chance to make their own stuff and sell it, and by selling it they raise their own standard of living.
2007-12-13 10:19:29
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answer #9
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answered by Anonymous
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It kills everybody, except the rich, who get even richer.
2007-12-13 10:11:42
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answer #10
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answered by Anonymous
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