First few years, I doubt whether they say truth or biased facts. But even after few years later, I still hear almost same story from other people.
Since it has long history and broad spectrum, I cannot experience what's going on in real world, so I need to rely on books, logics, and the other's ideas.
This is how Capitalism works, as long as I have understood.
- 1. The factory owners, or the rich, act to make their profit high. If they can do everything what they want to do in free market, everything will be fine, because the Invisible hand will make it better as if God has made human society better.
- 2. Capital has accumulated everywhere. We can see beautiful buildings and wonderful achievements everywhere. But most people cannot have them. Most of Capital has been belong to few people, the rich. The promise, "everything will be fine" is absolute truth for the rich, but it is doubtable truth for the poor.
- 3. It is also true most people cannot accumulate Capital, and all they can do is sustaining their life and producing next generations only when they work hard. If they don't work, they lose their Right to live as the Serf did in Feudalism.
- 4. Sometimes depression happen, and people suffer for few years. Some people die by starvation. And it is also generally accepted true that people do war in order to recover economics depression. Some people die by war.
It is so much better than Feudalism. And the system still give people chances to be the rich.
As the result, it looks like unfair that only few people has so much money. But it might be fair at the beginning point in history; or it was also not fair even at the beginning point, but who cares? The past is just past.
At least the system lets people alive. Unfortunatly sometimes disaster such as war happen, but it is rare cases. Finally everybody die, no matter how they die. People feed the system their fresh, and they honorably die for the others rather than for nothing.
For few disadvantages, we can excuse and most people concede it is not perfect but our best.
I don't see any problem.