The more I learn about Capitalism & the economics around it, the more holes I find with the concept. Some friends argue that Capitalism encourages innovation and positive change.
My argument: So does Socialism but innovation in development of humans & society. With Socialism we have seen
- Eradication of homelessness in Cuba
- Healthcare for everyone in many Socialist countries (Uruguay, Bolivia, Vietnam, Cuba, Tanzania)
- Social equality within white, latino and black communities in many Latin American countries
- Free education for everyone in every Socialist country
When money becomes more important than anything, Capitalism wins and humans lose!
My concept about Capitalism, Monopoly & Greed in a picture: