Capitalism is an economic and political system that depends on private capital or individual wealth and profit making. Money to start or fund a business to accumulate wealth.
There will always be a need for federal regulation of the corporate world. Certain kinds of behavior has to be controlled or abolished so that corporate economy can remain strong. The goal is to eliminate abuses of economic power, to avoid certain kinds of economic and political systems.
There is a small group of people who has concentrated into their own hands, an almost complete control over other people’s lives, labor, money, and property. We need to condemn bad capitalist practices while supporting private enterprise.
There is a need to inject government funds and impose regulations so private markets can work again.
Leave a comment