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Capitalism

Date Submitted: 06/16/2004 06:50:13
Length: 4 pages (973 words)
Views: 56711

A characteristic of man that separates him from the majority of the animal world is his organization of social and economic systems. Man, however, retains traits of his evolutionary ancestors in the form of self-preservation and greediness. While many political, economic, and social systems attempt to eliminate this modern form of natural selection, capitalism and similar economic structures preserve social inequality in many forms. Historically, this preservation of financial inequality has achieved a higher standard …

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…of capitalism while providing free healthcare and secured jobs for its citizens. However, the cost to support this society is far too great. As a result, taxation increases to high amounts, and costs of products become unaffordable. Present democratic socialist nations, such as Germany and France, cannot maintain ideal trade amounts with other countries due to high costs in their own products. Therefore, capitalism is a superior economic system to both communism and democratic socialism.

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