Why are some people anti-capitalist? What are some negative stereotypes associated with capitalism? Give some examples.

Why are some people anti-capitalist? What are some negative stereotypes associated with capitalism? Give some examples.

Expert Solution

Capitalism allows the ownership of factories,firms, malls, showrooms, schools, colleges etc. by one person. Due to this reason of capitalism some countries have billionaires and millionaires which helped in achieving economic growth and touching some heights. In past time if capitalism would have dissolved many countries would not have grown at the same pace at they have grew. The reason being some people are anti capitalist because it promotes unequal distribution of income among people. Anti capitalist majorly promotes socialism which says that income should be distributed among people equally or those who are poor should be given subsidies. The reasons being people associated with anti capitalist are:

Economy does not operates at the full level as resources in the economy are not well distributed among people. Rich people have more access to resources.
There is partiality between people in an democratic country.
People who are poor faces negative externalities caused by rich capitalist running many factories which extracts pollution.
Creating monopoly of some firms in the market.

Rahul Sunny answered 1 year ago

Why are negative attitudes or stereotypes associated with mental illness but not with physical illness? What...

Why are negative attitudes or stereotypes associated with mental illness but not with physical illness? What are some stereotypes (positive and/or negative) associated with mental illness (be sure to provide the mental disorder for the stereotype you are using)? What could you do as an individual to help combat negative stereotypes in mental illness?

What are some of the positive and negative factors associated with Heparin-induced Thrombocytopenia? Why has there...

What are some of the positive and negative factors associated with Heparin-induced Thrombocytopenia? Why has there been resistance to adopt Heparin-induced Thrombocytopenia and what are some ways you could propose to increase utilization of Heparin-induced Thrombocytopenia ?

What are some reasons, examples, why some money fails? Give an example.

What is the definition of a negative externality? Give three distinct examples of negative externalities that...

What is the definition of a negative externality? Give three distinct examples of negative externalities that relate to environmental economics, explaining how each one satisfies the definition of a negative externality

Explain the five best reasons to give (Why do people make a donation?). What are some...

Explain the five best reasons to give (Why do people make a donation?). What are some reasons people don’t give more than they do? What are some steps you can take now to begin your giving plan?

Explain how media affect intercultural communication. Give examples of media-induced stereotypes.

why does the octet rule have expectations? give some examples

Give some examples of oligopolies in the US, compare them, and explain why they are not...

Give some examples of oligopolies in the US, compare them, and explain why they are not regulated. Use economic definitions in your response.

4. What are the primary characteristics needed for a successful capitalist system? How has capitalism enhanced...

4. What are the primary characteristics needed for a successful capitalist system? How has capitalism enhanced worker productivity?

Give some examples of objects or substances mentioned by Dr. Weissman which have negative Hounsfield units...

Give some examples of objects or substances mentioned by Dr. Weissman which have negative Hounsfield units in CT images? What does it mean to have a negative slice spacing in a CT scan? How does it impact the radiation dose? What can you do if a metal object causes streaks in a CT image?

Question