A short video on the Benefits of Capitalism

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  • เผยแพร่เมื่อ 13 เม.ย. 2021
  • Capitalism is an economic and Political system. It is a system for dealing with money and wealth.
    With capitalism, more choice is provided. You can eat any type of food, you can travel, and open businesses. We are growing in a capitalist country with an outstanding education system. We can choose whatever career we want. We choose to study our favourite subjects followed by applying for a job. So basically Capitalism gives us the freedom to live our life the way we want.
    With Capitalism every job has a benefit. Factory workers produce the products that we can’t live without, and the police work is to protect us from harm and make sure we live in a lawful society. Even unpopular and ‘overpaid’ professions such as city bankers and sportsmen have a positive effect on society, whether it be helping us manage our money, entertainment or something else.
    No matter where you start in life, everyone has a chance to make it big. The harder you work, the greater your reward. This is a concept of Capitalism. Everybody is not financially stable but you have a chance to make yours.
    The capitalist countries like the USA, Canada, etc are the happiest in the world. This is because in these countries, thanks to the free market, they can get whatever products the people may want.
    Capitalism works perfectly with greed. Greed makes large amounts of money which we need. Also, greed causes competition, which is a part of advancing the human race. For example, in WW II, the allies invented jeeps because they were greedy for faster vehicles and were not happy with what they had.
    Human traits such as kindness has its place in the capitalist world. For example, Politicians claim that an expensive welfare system is the only way to provide shelter for the poor. This is true because Capitalism offers better homes that are a little expensive. But non-profit organizations make cheap homes when you deserve more. This shows how much a capitalist country cares about you. It shows kindness to provide you with a home. While other forms of economic systems don’t even care about you.
    One of the greatest things about capitalism is that it works perfectly with democracy: everyone gets 1 vote, and equal power, whatever their race, or gender so everybody gets treated equally.
    Capitalism also allows the economy to grow. It is a fact of economics that the more money it makes, the more it can invest in production, and the more it invests in production, the more money it makes which leads to a better life which everybody wants.
    Also the rarer a resource, the greater its value, which leads to innovation. For example, as oil begins to run out we would see an increase in prices, which will increase the reward and make it capable to search for new oil fields. Sites that were too expensive to drill will become available.
    Last but not least Capitalism has contributed to rising living standards and fall in absolute poverty. This is very good because no one has suffered.
    These all advantages lead to one place that Capitalist is the best Economic and Political System.

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