Capitalism a Negative?

Yes, some believe capitalism to be a “monster”. Fundamentally, it does promote extreme competitiveness – those who work the hardest achieve the most is “supposedly” how it works. But yes, it has its flaws with the greatest one being what the author of “World’s Monster” quotes as “a large scale of inequality and wealth”. However, I believe that Capitalism is one the most self-regulating economic systems, composed of many businesses and corporations involved in the exchange of products for wealth. Yes, I do realize the bureaucracy behind it: hard-working individuals struggle to pay inflated prices for goods necessary to live “the American dream” – prices that are driven higher and higher by these companies and corporations “supporting” capitalism. And these prices are then exacerbated by the politics of tax systems, judicial systems, and other governmental agencies.

But while they call it a “monster” (and rightfully so according to their criteria of judgment), I think it is a system that promotes self-advancement through hard-work, personal determination, and consistent effort to better one’s life. Granted, there are fair shares of greedy businessmen who ruin this model for the majority, establishing a monopoly within various industries that prevent fair competition. But beyond dictatorship or strict socialism, what economic form is “fair” to everyone? In capitalism, at least the participants have the opportunity to take non-physical possessions such as drive and determination and work to turn them into goods of profit, such as manufactured products or services.