Monday, October 31, 2011
Capitalism
Is Capitalism Bad? We have been going over in class how our capitalist structure has made the poor (in most cases) stuck in a pit by birthright while the rich continues to inherit and gain more wealth in a year then most people gain in a lifetime. Does this not convert the land of opportunity for all into the land of opportunity for those that do not need it.
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I definitely agree that the allocation of wealth in this country has far too much to do with where/who you were born to. However, I'm not sure we can blame the whole of the unequal distribution to capitalism. I think there are many other social factors involved.
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