Capitalism is a system that promises equality for all, but some believe that this is only a promise of false hope. The way that people view this statement varies. The view that capitalism is a system that only benefits those who are already wealthy is a concern that many have. While this view is held by many people, others believe that capitalism is beneficial since it provides ways to move from social class to another social class.
In school, one always tries to achieve passing grades to advance to the next level, but what if capitalism were to prevent this “advancing to the next level” in our social classes? The opponents of capitalism make the claim that capitalism leaves us in the same social class that is determined due to our money. The claim is that we can’t move out of our current social class because capitalism doesn’t allow us to rise in class because it only makes the richer rich and the poor poorer. The poor aren’t allowed to gain the skills that can make them richer, and leaves only those in the top tier of earnings to control what the poor are learning. Leaving this power to the rich only can lead people to believe that capitalism makes the rich richer and the poor poorer.
If the government were made up of poor people, would you have confidence in how they control the economy? The government officials are wealthy, and evidence shows that they help the wealthy stay that way, with the help of the capitalism system. The bankers on Wall Street have been continuously bailed out by the government because of their bad investment, which was the instigator for the Occupy Wall Street movement of late 2011. It claimed that the top 1% income earners in the country receive constant government bailouts, and the protest movement called for a change in this system. The protest has not made any significant changes in the capitalism system yet, which helps prove the point that capitalism only makes the rich richer and the poor poorer.
Although there are...
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