9/1/2023 0 Comments Why is communism bad essay![]() ![]() The rich have no real merit, contrarily to the working class. People inherit extreme wealth or are born into a rich class, diminishing the fair and just, hard work. Capitalists like to argue that capitalism is fair because you achieve income for your labor, yet inheritance contradicts this. Wealth inequality is dangerously increasing. Capitalism is an evil system because it promotes wealth inequality, puts the health of our earth at risk, primary concepts of capitalism are not congruous with moral and non-secular codes. Middle class must abide and pay for public goods, even when they don’t have the wherewithal to fund it unlike the rich, who are in charge of capital and receive larger profit over time. The rich have successfully harnessed and protected their wealth, whereas middle class is burdened by taxation. Under this capitalistic economy, the wealthy become richer and richer, while middle class and the working poor endure the most taxes. This system is known to provide political liberty however, it leads to inequalities of wealth and income (capitalist economic system). Capitalism is characterized by lack of government intervention, free markets, and goods and services distributed without government price controls. However, capitalism came into full power post-Cold War victory and America succumbed to the system. Capitalism is an economic system that rose to popularity in the middle 19th century and competed with two other prime economic systems: socialism and communism. ![]()
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