Research and Argumentative

Capitalism leads to Social , Economical and political Inequalities

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Capitalism leads to Social , Economical and political Inequalities

Introduction

Capitalism leads to social , economical and political instability because it grants people the privilege of owning and selling all aspects of their lives and thereby giving power to those with resources while discriminating on those without . There has always been the belief that all men are born equal yet that truth has proved to be elusive as one grows up and

realizes that life is filled with inequalities . Capitalism is a form of system whereby ownership of resources and marketing decisions are left in the hands of individuals and people are free to own various factors of productions . Capitalism leads to social classes and inequality with the emergence of status groups due to the impact of great wealth being in the hands of a few people

This forms a certain social barrier limiting interactions with those perceived to be of inferior status . According to Weber owners of property and those without may belong in similar status since status might have been acquired by other means over a long period of time Weber disagrees with Marx on the issue of power whereby Marx felt that those who were wealthy and of the upper class automatically assumed power and the lower class had to abide by the wishes of the wealthy History has shown this to be true since groups with resources have established a...