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Market Capitalism is the Free to expand Property wide-world and the create Prosperity for all the world's Citizens.
For What is Capitalism's weak point? One answer is equality. Capitalism needs to meet the needs of all people, especially the poor, the sick, the old, and the unemployed. Socialist countries have tried to address these problems , by may go too far in letting government allocate resources. For example:
1. In Denmark, two thirds of the population are sustained by the state. A breadwinner with a meaner salary pays at least 55% in taxes and marginal rates (rates for earning above a certain amount) of at least 60%.
2. In Hotlland, there are almost as many inactive people (including retired) as there are private-sector workers. There is not much incentive to go back to work if you lose your job. An unemployed worker gets 80% of his or her previous salary for 6 months and 75% for the next 2 years.
3. In Sweden, the government benefits seem good too. To minimize unemployment, the government pays $ 5, 25 per hour toward the wages of workers who would otherwise be laid off. Hospital care is just $ 4 a day. Dental care for children is free. But, as with for They say The, "There is the no such Thing as with a free lunch".
Of The United states For is not, a Capitalist Purely the nation. Rather, it has a mixed economy; That is, a combination of free markets is plus Government allocation of resources
of As a mixed economy, the United States tails somewhere Between a pure Capitalist state and a Socialist state.
of The degree of Government Involvement in the economy is a matter of some the debate in the United States today.
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