Capitalism benefits everybody

Capitalism is a social, economic, and political system that encourages and permits a
company's private property that can make a profit and do business. Capitalism can be divided
into competitive markets, the rule of law, less corruption, and systematic markets. The main
advantage of capitalism is the motivation to grow, improve and generate positive innovation.
Capitalist societies have equal freedom, economic and political degrees freedom. Capitalism
is an economic system in which industry is run by individual owners and individuals rather
than governments.

The online discussion starts with introducing the topic "capitalism benefits everybody",
concerning contemporary interaction between business, society, and government policy in
Australia. Capitalism is the economic, social, and political system in which a company owns
property and business. Society was unaware that Capitalism promoted the idea of a free
market. Capitalism allows those with high power to monopolize the market. Capitalism is
only suitable for governments and companies, not for society, and society will be left
vulnerable to these private uprising bodies. Capitalism is good because it allows the
production of goods and services owned by private bodies. About the element of business, the
replication of a capitalist society can lead to the uprising of increased monopoly power. The
presence of a capitalist society can also lead to the demonstration of inequality where there is
no way to establish new entities due to factors such as a lack of relevance and resources, thus
creating social division. Society was uninformed that Capitalism promoted the idea of a free
market in which everyone is considered equal and allowing rules can maximize profits Rand,
2016. The idea that Capitalism primarily benefits organizations and governments is
something this heavily can be linked to the heavy taxation the citizens of Australia have to
pay for their ability to maximize their living standards and ability to maximize profits. Even
though Capitalism in the B.S.G. triangle has significant ethical and social difficulties, it
nonetheless helps society by providing a minimum income, which improves society's quality
of life Hayes, 2021capitalism has apparent adverse effects on society. Capitalism allows
those with high power to monopolize the market, affecting society. These companies can
make better products from the market and make most people poorer in society. Capitalism is
only suitable for governments and companies, not for society Society will be left vulnerable
to this uprising of private bodies.
Furthermore, by incentivizing people, Capitalism has played a vital role in all the kinds of
technological breakthroughs that have made our lives immeasurably better while benefitting
businesses and the whole economy. The sociological imagination demonstrated that
Capitalism provides customers with freedom, but businesses and governments focus on
money and ignore ethical reasoning. The statement could be subject to those that benefit the
most from the factors that constitute Capitalism; as a result, wealth diversion. Moreover, as
businesses accumulate more wealth through government subsidies and corporate tax benefits,
it also means that they can increase their budget on labor and source more employees Taxes,
government, and Capitalism 2022. the government owns the means of production, and state-
owned businesses strive to maximize profit rather than social good rather than profit. If
Australia adopts a capitalist approach, it will leave citizens of the country vulnerable to
misused power, demonstrated by the private bodies. The government will lose its ability to
establish policies that seek to assist the country, thus leaving vulnerable citizens at the mercy
of these private bodies. The presence of a capitalist society can also lead to the demonstration
of inequality where there is no way to establish new entities due to factors such as a lack of
relevant resources and finance, thus creating social division and social conflict. Thus,
Capitalism focuses mainly on the business sectors and governments in the B.S.P. triangle,
while society is just left to thrive. The government's promotion of capital markets gives more
room for enterprises to develop, and Capitalism is by nature more efficient and therefore
more tolerant of inequality. Money is almost the only measure of personal value; the pursuit
of self-interest is rationalized. It can bring maximum benefits, so more people abuse their
power to seek personal gains. The government's enthusiastic support for enterprises has made
the market economy develop rapidly, increasing the cost of living. Strong government
support for business is a double-edged sword, and in today's society, the government
promotes the development of the capital market so that more people can get jobs and earn
money, thus increasing the tax. Social class has been solidified in capitalist countries, and
only teachers, doctors, lawyers and other professionals can break through social class and
improve their social status, which is also a way to express their value. Most government
structures will entitle both a positive and negative; Capitalism has its fault, but that is a fair
point stating of increasing the wage gap and essentially making the poor people poorer and
the rich people richer. can heavily fall upon the governing bodies and the structure they have
taken upon. Many people have indeed come to believe that Capitalism no longer works
because this system mainly benefits the wealthy and affluent and has created the class divide
between the bourgeoisie and the proletariat. But also, the government in Australia does try to
help the needs of society and those lower-class groups by providing benefits to them such as
Centrelink, housing commission, and Job search for them to be able to find a job and able to
work.

 
Thus, it can be concluded that Capitalism is a social, economic, and political system that
encourages and permits a company's private property that can make a profit and do business.
The online discussion starts with introducing the topic "capitalism benefits everybody",
concerning contemporary interaction between business, society, and government policy in
Australia. Capitalism is the economic, social, and political system in which a company owns
property and business. The presence of a capitalist society can also lead to the demonstration
of inequality where there is no way to establish new entities due to factors such as a lack of
relevance and resources, thus creating social division.
APPENDIX