Difference between revisions of "Benefits of capitalism"
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(Created page with 'Capitalism has many benefits compared to other economic forms. #In general, capitalism produces more wealth. #Capitalism actively rewards positive traits like hard work and …') |
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#In general, capitalism produces more wealth. | #In general, capitalism produces more wealth. | ||
#Capitalism actively rewards positive traits like hard work and ingenuity. Similarly, it punishes negative traits such as laziness and theft. | #Capitalism actively rewards positive traits like hard work and ingenuity. Similarly, it punishes negative traits such as laziness and theft. | ||
| − | #Capitalism is more compatible with democracy than other systems. In fact, there are few republics or democracies in the modern world that are not capitalistic. | + | #Capitalism is more compatible with [[democracy]] than other systems. In fact, there are few republics or democracies in the modern world that are not capitalistic. |
| − | #Capitalism is more compatible with Christianity than other systems. | + | #Capitalism is more compatible with [[Christianity]] than other systems. |
| − | #Free | + | #[[Free market]]s are the natural state of trade. Unlike [[socialism]], which requires government interference, capitalism can develop naturally. Therefore, capitalist societies tend to have smaller governments. |
#Free markets can conduct certain functions that are normally handled by the government. Therefore, capitalist societies tend to be more efficient. | #Free markets can conduct certain functions that are normally handled by the government. Therefore, capitalist societies tend to be more efficient. | ||
#Governments in capitalist societies tend to generate more wealth, since more wealth is being produced. Therefore, capitalist societies tend to be stronger. | #Governments in capitalist societies tend to generate more wealth, since more wealth is being produced. Therefore, capitalist societies tend to be stronger. | ||
| − | #Capitalist societies usually do not have large black | + | #Capitalist societies usually do not have large [[black market]]s. Therefore, capitalist societies tend to have less crime. |
[[Category:Capitalism]] | [[Category:Capitalism]] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 19:52, June 1, 2010
Capitalism has many benefits compared to other economic forms.
- In general, capitalism produces more wealth.
- Capitalism actively rewards positive traits like hard work and ingenuity. Similarly, it punishes negative traits such as laziness and theft.
- Capitalism is more compatible with democracy than other systems. In fact, there are few republics or democracies in the modern world that are not capitalistic.
- Capitalism is more compatible with Christianity than other systems.
- Free markets are the natural state of trade. Unlike socialism, which requires government interference, capitalism can develop naturally. Therefore, capitalist societies tend to have smaller governments.
- Free markets can conduct certain functions that are normally handled by the government. Therefore, capitalist societies tend to be more efficient.
- Governments in capitalist societies tend to generate more wealth, since more wealth is being produced. Therefore, capitalist societies tend to be stronger.
- Capitalist societies usually do not have large black markets. Therefore, capitalist societies tend to have less crime.