Uploaded on Aug 18, 2021
PPT on What Capitalism Is and How It Affects People.
What Capitalism Is and How It Affects People.
WHAT CAPITALISM
IS AND HOW IT
AFFECTS PEOPLE?
Capitalism
Capitalism is defined as an
economic system in which a
country’s trade, industry, and
profits are controlled by private
companies, instead of by the
people whose time and labor
powers those companies.
Source: www.teenvogue.com
Where did
capitalism
come from?
The origins of capitalism are
complicated, and stretch back to
the 16th century, when the
British systems of power largely
collapsed after the Black Death,
a deadly plague that killed off up
to 60% of Europe’s entire
population.
Source: www.teenvogue.com
What does it
mean to be
capitalist?
Individual capitalists are
typically wealthy people who
have a large amount of capital
(money or other financial assets)
invested in business, and who
benefit from the system of
capitalism by making increased
profits and thereby adding to
their wealth.
Source: www.teenvogue.com
How does
capitalism
affect people?
The kind of impact that
capitalism has on your life
depends on whether you’re a
worker or a boss.
The more profits your company
brings in, the more resources
you have to share with your
workers, which theoretically
improves everyone’s standard of
living
Source: www.teenvogue.com
Why do
people
support
capitalism?
Capitalism’s supporters believe
in several key points: Economic
freedom leads to political
freedom and having a state-
owned means of production can
lead to federal overreach and
authoritarianism.
Source: www.teenvogue.com
Why do
people
support
capitalism?
Capitalism’s supporters believe
in several key points: Economic
freedom leads to political
freedom and having a state-
owned means of production can
lead to federal overreach and
authoritarianism.
Source: www.teenvogue.com
Why do
people
support
capitalism
cont.
They view it as the only sensible
way to organize a society,
insisting that alternatives like
socialism, communism, or
anarchism are doomed to fail.
Source: www.teenvogue.com
Why do
people oppose
capitalism?
Anti-capitalists view capitalism
as an inhuman, anti-democratic,
unsustainable, deeply
exploitative system that must be
dismantled.
They see it as inherently at odds
with democracy because of how
capitalist bosses hold power
over workers in the workplace
and the fact that, the more
capital one accrues, the more
power they have.
Source: www.teenvogue.com
Capitalism vs.
Socialism
Proponents of socialism say their
system evolves from capitalism.
It improves upon it by providing
a direct route between citizens
and the goods and services they
want.
Source: www.thebalance.com
Capitalism vs.
Communism
Communism evolves beyond
both socialism and capitalism,
according to theorists.
The government provides
everyone with a minimum
standard of living. That's
guaranteed, regardless of their
economic contribution.
Source: www.thebalance.com
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