Capitalism And Its Impact On Society Essay

1428 Words Nov 26th, 2014 null Page
Capitalism has a rather bipolar nature based on the understanding of separate groups. Its enthusiastic advocates argue that it is a beneficial system that is not natural and, therefore, inevitable, but also promotes individualism and freedom. On the contrary, its equally zealous critics condemn it as a wholly man-made effort, in which “ if money comes into the world with a congenital blood-stain on one cheek, capital comes dripping from head to toe, from every pore, with blood and dirt.” Despite the difference between capitalism’s perceptions, almost none disagree that it, regardless of variations in time and space, had become the single largest economic system at present world after the dissolution of the Soviet Union on December 26th, 1991. Yet little do we know, how much power the force of capitalism holds; from our consumer mentality to even the uses of daily language, the impacts of capitalism are found everywhere. The benefits and downfalls of capitalism have caused many debates ever since its birth, all set aside, but the focus of this essay will mainly consists some of the particular factors of capitalism which have fundamental influences on shaping it into the form we know today. I believe the most important features contributed to the beginning of capitalism are the changes in feudal system, governmental actions, and the Industrial Revolution; these specific events in times led to the introduction and rise of capitalism. While the nature of capitalism may varies…

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