Capitalism?

     Hey guys! Hope all of your week's went well. This week I shall discuss the pros and cons of, that's right, capitalism.
     Capitalism is defined as the organization of society in such a way that the wealth and means of production are privately owned by capitalists, commodities are produced for profit through a market mechanism, and workers are free to sell their labor to the highest bidder. There are many pros to this type of organization.
     The open competition that capitalism offers allows for a individuals to gain higher incomes depending on the progress their businesses make. It also pushes individuals to work harder. Their hard work is then rewarded with more profit, a larger business, or possibly more customers. The growing competition also opens doors to a multitude of job opportunities.
     Capitalism has many cons as well. Marxists see capitalism as unfair competition. Not every one benefits from capitalism. It is survival of the fittest and the weak are weeded out. Marxists see this as wrong and completely unfair to those who do not survive. Many individuals also believe that capitalism is harmful to the environment. The constant competition requires for their to be a constant depletion of environmental resources.
     In my opinion I believe that capitalism is good thing and we as humans need motivation to work hard. Capitalism pushes us to exceed to the best of our abilities and rewards us for our accomplishments.