In class we have discussed a few good things and a whole bunch of negative effects capitalism has on our economy and the people that live in it. Capitalism was defined in class as an economical system based on profit. With this said we know everything that is done in our economy is done for profit or money. We learned of many different ways that this "goal in life" has almost ruined our economy. We see this idea ruin families and people of all sorts. People let capitalism take over there lives and become so greedy that they will kill for more money. One reason of many that capitalism, or the idea that profit is number one, is bad is that eventually the competition lowers the quality of products.
Since whoever sells more makes more profit, companies will make poorer quality products if it saves them on expenses. In our economy there is a saying, "You get what you pay for." This is the only thing that helps us decide to not get the cheapest one. This isn't in products......
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