Contents
Introduction
Summary
Critique
From the discussion, a majority of people disagrees with the Topic "Does capitalism benefits, everybody equally" and discussed their views. They believe that capitalism does not benefit everyone as the capitalist enjoys the profit and does not share the profit with workers capitalist provides less money to the workers which increase poverty. they also argued that the practice of capitalism does not improve the social health of society as a whole, supporting this by "capitalist society can act as a catalyst for anticipating growth in the economy, creating instability." (Boyton, 2018)
Some believe that there is inequality in Society due to the Working class or society from the rich to the poor. this statement is supported by " The poor are not able to choose their role but have to continue to maximize their job roles as to earn weekly wages."
Conclusion
References
Das RJ. Reconceptualizing Capitalism: Forms of Subsumption of Labor, Class Struggle, and Uneven Development. Review of Radical Political Economics. 2012;44(2):178-200. doi:10.1177/0486613411423895
Knes, M 2020, "Capitalism - benefits", Referenceforbusiness.com, viewed March 31 2021, <https://www.referenceforbusiness.com/encyclopedia/Bre-Cap/Capitalism.html>.
Appendix
Henry Ray Reference Delanty, G. (2019) ‘The future of capitalism: Trends, scenarios and prospects for the future’, Journal of Classical Sociology, 19(1), pp. 10–26. doi: 10.1177/1468795X18810569 . |
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