capitalism is the root of all evil
Capitalism is a risky subject, in general, to talk about when it comes to critiquing its enforcement on America. So lets begin by defining Capitalism and its effects on America. In America, Capitalism can be defined by an economic system that prioritizes private equity and ownership as a vice for continuing a free market. The free market is an interesting concept because by nature, a free market entails decentralized decision-making, but looking at America and its stance on boasting ideas such as small businesses and individual business owners, there is scarce free market nature.
One idea pedaled with capitalism is an uproar of right winged ideology. Now there's obviously deeper meaning to it, but the underlying point of Capitalism is rooted with it. I am watching Brokeback Mountain right now, wow this is a hard watch! Anyways... I really cant tell if these guys love each other or hate each other LOL. Ok back to the actual topic at hand. In my opinion, certain right winged ideologies inherently exclude progressive ideas, and include harmful traditionalistic ideas. This in turn causes partakers in Capitalism to become involved with these ideas. Not only does traditionalism fundamentally reduce human rights for excluded groups, its increases the institutionalism based around already discriminated are against groups.
My final critical point against Capitalism is the prioritization towards generational wealth and the distribution of wealth.
The imagine above displays the amount of money allocated to the certain percentage of wealthiness relative to the amount of money in the US. It is very obvious how quickly, especially past 2013, growth of wealth only increases for the top 10%, while the lower percentiles in increase significantly less. Though this is noticeable in other countries, there is no doubt Capitalism is the main contributing factor to this problem. I say problem because billionaires (soon to be trillionaires) are inherently wrong. Despite the graph displaying only top 10%, billionaires are mostly receiving the wealth, while the bottom of that 10% are barely chipping away. Wealth hoarding is popular among the rich, especially those with large corporations or equities, increasing the distance between the rich and the poor. They have the power without the need to use it.All in all, Capitalism is upheld with the lie of it “producing hard workers” and benefiting those who put in the most effort. While realistically, corporations and wealthy individuals make millions on the dollar.
“He who is not contented with what he has, would not be contented with what he would like to have” - Socrates