Capitalism Is The Most Justified Economic System

Capitalism is the most justified economic system because it allows for competition and experimentation to further improve the standard of living for the public, and under the capitalist system individuals can work for their own rational self-interest while at the same time working for the greater good.
In a capitalist system individuals create wealth by producing goods and services of value and do not use arbitrary force. Have great industrialists in history earned their wealth by theft and robbery or have they instead earned their wealth by producing goods and services of value? There are many things that Marxist economic historians distort for their own agenda. What they continue to distort is the idea that business owners in this country earn their wealth by theft instead of pleasing and appealing to their consumers.
In a true free market capitalist society individuals must create wealth by producing goods and services of value. This provides a greater standard of living for the public. Is it not true that capitalists who provide higher quality and cheaper goods and services are more likely to be profitable? This is because individuals are more likely to buy the products that provide them with value.
. (Mises) History is not on the side of Marxist historians who argue that entrepreneurs create
We have to ask ourselves this: could any wealth creator in this country really create wealth without pleasing their consumers? The answer is no because a capitalist system is based on competition and if business owners don't please their consumers they simply go out of business. Capitalism is the most justified economic system because individuals can act in their own self-interest for themselves, but their business or products can still be positively impacting the