This chapter explores the challenges of coordinating labor and how workers compete for jobs while businesses aim to minimize wages. It also discusses the rejection of capitalism's focus on land and capital ownership and highlights the potential for improving the system.
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?