If I say if you are believe in capitalism and you are in poor condition that you cannot make it to the right. If you are poor ,capitalism doesn't suit you either. You may have question why I say so? Let me explain then...
If you are in a Capitalist country today, you need to have the ability to study at least a Bachelor's degree to be a part of the people around, to be a good employer. There should be insurance, such as going to the doctor, buying a house, or having a rent, a car may also be required. If you are less than that, you are poor. Capitalist means there should not have poor.
Everyone is in competition here, no one wants to spend anything from you for your income. Only the government will give a small amount of money to the poor for your income, so that they can be lifelong.
The worst impact of capitalism in Japan is that people who are earning in average range, they did not get married because they think they can not afford to run the family. Japan's rate of birth has decreased greatly, that in result of lack of the working youths.
Capitalism has swept the whole world today. Capitalism was born in the Soviet Union by dividing them. Socialism in China has become a terrible capitalism, which is more aggressive than America or other capitalist country. In the era of this capitalism, if you are convinced in Capitalism, and if you are poor, you must be fairly defeated.
In Capitalism, the people who earn good, the government is taken from them as tax and give it to the poor. This is why people of good positions look poor with the negative thought. At the same time, those who survive with government help, their minds continue to lose their strength, they themselves feel defeated, they go to different classes, they try to hide from society, their voices kept low, they do not even go to vote. They do not have the role of bringing change in society.
I think you should know why I said that Being poor in capitalism means losing. It is all true as far as I get to know it from society and environment.
Well-written perspective; however, it would be even better if you shared your contrasting mindset on what the 'poor' should embrace.
I will agree that US capitalism is so strictly regulated that it makes it difficult to succeed without a ton of debt, aka student loans.
Peace.
Things are really involved with this capitalism like the factors of student loans. I just post here my point of view. nothing else.
yeah, Peace. :)
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There is slight different between communism and capitalism actually. Communism where they works for the poor and let the get up but not ignoring them.
but in capitalism you had to compete with sort of things to get reach that level.
Okay,I will check #Austrianeconomics while I will have more free time as there need to be more time to get it.