In your opinion, what are the pros and cons of capitalism? Support your answers with examples.
... definition of capitalism is a free-market system based on private ownership of the means of production, in which personal profit can be acquired through investment of capital and employment of labor. The capital and production as a whole accumulated in the hands of the great capitalists (the so called concentration and centralization of capital) They added to their capital, and the capital grows. They extend their enterprises. They engage more workers. They install better machinery. The capitalist enterprises grow ever larger. Thus at each revolution of time, capital moves forward, heaping up surplus value. Squeezing surplus value out of the working class, exploiting the workers, capital continually increases in size. (back during the war) This days while the rich were getting richer and there were many more of them, the poor also came to enjoy a significantly improved standard of material well-being. Even though homeless people are present, there are a lot of government organization to help them stabilize their lives. Capital...