Benefits of capitalism

From Conservapedia
This is an old revision of this page, as edited by NateSmall (Talk | contribs) at 19:47, June 1, 2010. It may differ significantly from current revision.

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Capitalism has many benefits compared to other economic forms.

  1. In general, capitalism produces more wealth.
  2. Capitalism actively rewards positive traits like hard work and ingenuity. Similarly, it punishes negative traits such as laziness and theft.
  3. Capitalism is more compatible with democracy than other systems. In fact, there are few republics or democracies in the modern world that are not capitalistic.
  4. Capitalism is more compatible with Christianity than other systems.
  5. Free markets are the natural state of trade. Unlike socialism, which requires government interference, capitalism can develop naturally. Therefore, capitalist societies tend to have smaller governments.
  6. Free markets can conduct certain functions that are normally handled by the government. Therefore, capitalist societies tend to be more efficient.
  7. Governments in capitalist societies tend to generate more wealth, since more wealth is being produced. Therefore, capitalist societies tend to be stronger.
  8. Capitalist societies usually do not have large black markets. Therefore, capitalist societies tend to have less crime.