Friday, December 13, 2013

Disadvantages of Capitalism

Keeping the fact that there is a lot of difference in social classes in mind, with a capitalist community, the government has little power over powerful business owners. With capitalism, monopolies begin to form. Once these monopolies form they then are able to take over an industry and then make their own rules for the industry. Because of the rules of capitalism, the government has little power to put an end to these monopolies, making the poor poorer and the rich richer.

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