Why Capitalism Is Bad for the Poor

When people talk about who benefits from capitalism, they often point to the wealthy. The rich get richer under capitalism, so the argument goes, while the poor fall further and further behind. However, even a cursory analysis of our economy disproves that claim. Instead of benefiting the rich and exploiting the poor, it’s clear that capitalism is actually built on top of economic exploitation and systemic discrimination. In order to fix this system that takes advantage of so many Americans, we need to look closely at how capitalism has failed—and why it hasn’t lived up to its promises for so many workers in America.

Jobs are plentiful in places with a diverse economy.

A diverse economy is one in which there are many different kinds of jobs. For example, a diverse economy with 10 types of jobs would have 10% of the labor market working as farmers, 30% working as accountants (but not all of them), and so on up to 100%. The problem with a homogeneous economy is that it’s vulnerable to shocks—if there’s only one kind of job and everyone has to do it, then if that job goes away for some reason (like automation), you’ve got nothing else going for you.

A diverse economy also offers more opportunities for innovation: because there are fewer people competing over the same resources, it becomes possible for someone who wants something new or different from what’s being produced currently by existing companies or industries to start their own business without having to worry about making much money right away (or at all).

Finally, we should consider whether having a mix between manufacturing businesses and service businesses favors sustainability over time—that is, does it make sense for us as humans living on planet Earth today? It seems intuitively obvious that doing things like growing food locally makes sense; however assembling electronics overseas doesn’t necessarily fit into this mold—it takes energy inputs both upfront at production facilities plus ongoing delivery costs later when those goods finally reach your doorstep via trucking companies.

Workplace flexibility makes it easier to work and care for children.

Flexible work hours, locations and dress codes make it easier to balance work and family life. For example, if a parent needs to go home early in order to pick up their child from school or daycare, they can do so without fear of being reprimanded by the boss. In addition, if a parent is working late for an important project at the office—or should be working late—they may be able to get some additional time with their children when they get home from work instead of having to rush out immediately upon arrival.

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Flexibility also allows parents more opportunities for personal hygiene during their commute time because they don’t need as much time preparing for work in the morning as those who have a set starting time each day (for example). This means that getting ready at night requires less effort on part of both parents (assuming there’s only one) because all they have left after putting away groceries is brushing teeth, changing clothes and maybe putting on makeup/shaving before heading out into public space where other people might see them!

Big businesses facilitate the exploitation of minority communities.

The most important part of any economy is its local business community. If you look at the communities that have been ravaged by capitalism, you’ll notice that they have been abandoned by their local businesses. Big businesses are notorious for pulling out and leaving their communities devastated when things get too hot for them, so it’s no surprise that these places end up poor, polluted, and unsafe. It all comes back to why we need a robust small business system in the first place: so that we can protect our local economies from crisis, keep our communities healthy and safe, promote economic growth where it’s needed most (in places where people need jobs), and protect ourselves against globalized industries whose only interest is profit.

Local businesses are responsible not only for providing jobs but also developing culture within their communities through art & entertainment venues or other creative endeavors like music festivals or festivals celebrating diversity (like Pride). They provide spaces where people can meet others with similar values/interests who want to support each other rather than just buying stuff online all day long (it seems like everyone does this nowadays because they don’t know how else to connect with one another). When big companies move out they take those opportunities away from us which makes us feel less valued as human beings…and once again I find myself wondering why anyone would ever think this type of thing was good?

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Capitalism is only as good as those who profit from it.

Capitalism is only as good as those who profit from it. In short, capitalism can be both a tool for the rich to rob the poor and a system that allows everyone to benefit equally. The latter scenario is not guaranteed by capitalism, but it’s certainly more possible than in other systems like socialism or communism.

But no system is perfect and there’s an obvious flaw with having capitalists in charge: they are not necessarily compassionate people. They will do whatever they think will make them more money regardless of whether or not their actions hurt others—even if that means exploiting vulnerable populations like children workers or paying employees less than minimum wage because “they’re worth it.” And even if those same employees don’t agree with this treatment! This issue isn’t unique to capitalism; any kind of power structure has people who abuse their positions for their own gain at someone else’s expense (think CEOs).

The American economy is built on the backs of poor people, and that needs to change.

Capitalism is a system that benefits the rich at the expense of the poor. In order to understand how this is possible, we need to understand what capitalism actually is.

First and foremost, capitalism is an idea: an idea about how to organize society in order to produce goods and services that people want or need. Capitalism believes that if you give everyone in your country freedom—the freedom to own property, make contracts, earn money by selling their labor or products—then they will use those freedoms wisely in order to create value for themselves and their society as a whole, which will result in more wealth than ever before experienced on earth before capitalism was invented (or whatever).

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Secondarily but no less importantly: Capitalism requires resources like factories and machinery as well as workers who know how those resources work together efficiently enough so that it makes sense for them all collectively spend time creating things out of raw materials so other people can buy them later down the line when they’re finished being made into useful objects such as phones or cars or shoes (or whatever).


We’re not saying capitalism is bad for everyone, only for those who are not aware of their place in the system. While you may think you have a say in your day-to-day activities, chances are that big businesses decide what your working conditions will be and how much money they will pay you. They also decide what state schools should offer to your kids, whether or not to provide medical care, and whether or not you have enough time and money to meet basic needs like food and shelter. As we mentioned earlier, capitalism only functions as well as those who profit from it; otherwise, there would be no stock exchanges to make people rich. In order for the poor in this country to access quality education, healthcare, housing and food without being exploited by big business corporations or government policies that serve these interests over the majority of us (whether intentionally or unintentionally), we must fight for a democratic economy that prioritizes human needs over corporate greed. We need communities where poor people are valued by their peers because we can’t survive on our own if we don’t receive a fair wage or affordable childcare options—and nothing about capitalism is going to change this reality.

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