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Capitalism Capitalism is a social system based on individual rights The term capitalism is used here in the broader philosophical political sense and not in the narrower economic sense it is a free market that means that you can sell what ever you want That means drugs Anything In my opinion this is a little dangerous but that what risk taking all about The US runs short of free enterprise but we have rule and regulations on what we can do For example you cant sell drugs to a kid you cant sell bombs and weapons and much worse The basic meaning of capitalism is the productive labor the human work necessary to produce goods and distribute them takes the form of wage labor That is humans work for wages rather than for product One of the aspects of wage labor is that the laborer tends not to be invested in the product Labor also becomes efficient that is it becomes defined by its productivity capitalism increases individual productivity through the division of labor which divides productive labor into its smallest components The result of the division of labor is to lower the value in terms of skill and wages of the individual worker this would create immense social problems in Europe and America in the nineteenth and twentieth centuries Some people support capitalism Here is a quote The moral justification of capitalism does not lie in the ltruist claim that it represents the best way to achieve the common good It is true that capitalism does--if that catch-phrase has any meaning--but this is merely a secondary consequence The moral justification for capitalism lies in the fact that it is the only system consonant with mans rational nature that
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