Criticism of capitalism refers to the various arguments against the economic system which prioritizes profit and private ownership of the means of production. Some of the most common critiques include the inequality it creates, the exploitation of labor and environments, and the focus on short-term gain over long-term sustainability. Critics argue that capitalism tends to benefit a small group of wealthy individuals while leaving the majority of people behind, thus exacerbating poverty and other social inequalities. Some proponents argue that certain regulations and social programs can mitigate these issues, while others call for a complete overhaul of the system.
This mind map was published on 17 May 2023 and has been viewed 126 times.