Why people are differentiated as poor and rich?
Some people are enjoying their life and some are suffering from poverty.Why?
70% are home less.God created all man with flesh and blood.
One reason is because of capitalism itself. All forms of economics serve, in a sense, to ration food and supplies. Capitalism does so by ensuring that you contribute to society by working in a job. That job pays you with a certain amount of money you can use to buy food and supplies. Different jobs get different pays. That way, you earn your share.
However, it is the case that many people can't even get jobs. As a result, they don't make money and can't buy food and supplies (including shelter even). There are also some who do have jobs (such as McDonald's minimum wage jobs) that still don't make enough money to sustain themselves.
Because of this, there is much more money still in the workplace, so to speak. That money is taken by the rich: people who decide the salaries, or people who fill in spots with exceedingly high salaries. They get a lot of money, and therefore, a lot of food and supplies.
Capitalism, like all others, seeks to ration food and supplies, and it does, but not in the best way.
What is your economic preference then? Communism?
No. I still don't know a lot about economics, but my current preference is still capitalism because of the freedom of enterprise it allows. I do know that it isn't perfect, though. What makes you say communism?
No economic system is "perfect", but capitalism is based on the fact that the individual has the power to change his situation and others' for the better...Communism asserts that the government is the one to create prosperity---this is impossible.
That is true. Unfortunately, in practice, a lot of people don't have that power in capitalism, either.
by TopManagement 2 years ago
About this question different people have different views but according to me everybody think that rich can be help them every time and everybody know money is very powerful so we can buy everything with money that is first reason that people give respect to rich man. I want to say to my all...
by AnnCee 7 years ago
He says "we've" allowed a few rich people to take all the money and keep it. And "we" need to get it back from them.http://www.theblaze.com/stories/really- … from-them/Anti-capitalism in a big NUT shell.
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by My Esoteric 3 years ago
It just occurred to me, and I wanted to record it before it slipped away again, that there are two types of Capitalism; Theoretical and Practical (Duh!) What I also noticed is that the endless debates about capitalism between the Right and the Left go on and on, into infinity without each...
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