Anonymous
Anonymous asked in Social ScienceEconomics · 2 months ago

Has capitalism been a success or a failure?

11 Answers

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  • Anonymous
    2 months ago
    Favorite Answer

    It's been a complete failure, it has been trickle up economics to the 1% with the ruse of freedom, the worlds richest 26 people own as much wealth as the poorest 50% combined, that is immoral and unjust in anyones eyes

    • Ray
      Lv 6
      1 week agoReport

      Even if 1 man has as much wealth as the rest of the world, that should not be an issue, the issue should be how the rest of the world lives. 
      Under capitalism, the majority of people tend to be very well off, capitalist nations also contribute by far the most to science and technology advancements. 

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  • John
    Lv 5
    2 weeks ago

    Lolz

    You chose an answer that fits your bias.

    What a loser you are.

    Capitalism doesn't exist as you think of it.

    Free trade and Free enterprise, along with Democracy and a separate judiciary, resulting in Efficiency of work, are why the Rich Countries are rich.

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  • kswck2
    Lv 7
    1 month ago

    Hey, I got rich from it-so it worked for me

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  • 1 month ago

    A tremendous success.  Capitalistic systems have unparalleled standards of living.  Non-capitalistic systems all collapse within about a half century or so because they are unsustainable and destroy people's lives.

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  • Dave
    Lv 5
    1 month ago

    Capitalism is a big success, because it requires YOU to EARN your keep.  Socialism is a disaster.

    Send

    Over

    Cash

    I'm

    A

    Lazy

    Inert

    Shameless

    Moocher

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  • Oiy
    Lv 6
    2 months ago

    It's a total failure(Richard Wolff)

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  • Anonymous
    2 months ago

    It is beginning to fail because people are taking it to an extreme. 

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  • 2 months ago

    In the past 100 years it has raised billions of people from grinding poverty. That's why China is all in with it now.

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  • 2 months ago

    Success..............

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  • Anonymous
    2 months ago

    Failure communism is better everyone is equal 

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