This chapter explores the advantages and disadvantages of capitalism, including its ability to stimulate economic growth and distribute wealth, as well as the criticisms of wealth inequality and private ownership of land.
Capitalism is the system that has helped the world become infinitely more wealthy than it has ever been in human history, but there are problems. A disregard for the drawbacks of production like waste, pollution and inequality are often cited by people who want capitalism to be replaced by social democracy, communism or even anarchy. But even communist countries like the USSR and China have reluctantly returned to capitalism. So, is capitalism inevitable?
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