Why do most people consider capitalism as a good thing?

Because, out of all the systems thus far tried, capitalism delivers the greatest benefit to the largest number. read more

Firstly, I do not agree with the assumption that most people consider capitalism as good thing. The people on the receiving end certainly don't. They many not have fancy words to explain their grievances but if you talk to the lower income sections of any society they will testify that injustice is being done. read more

To understand why capitalism is good consider the alternative. Socialism capitalism’s main alternative is the road to serfdom. read more

One of the most common arguments that capitalists use is that capitalism works perfectly with human nature or, more specifically, greed. And it does. Greed is rewarded duly with large amounts of money and the entire economy is fuelled by people working hard to furnish their own needs. read more