What is Capitalism?

An economic example in which factories, equipment and other means of production are privately owned rather than controlled by the government.

Positive and Negative of Capitalism

Pros- Economic freedom helps political freedom.

Economic growth.

Winston Churchill said that there's no better alternatives.

Cons- Monopoly power to charge higher prices.

Social benefit ignored.

Inherited wealth and wealth inequality.

Where can you find Capitalism?

Canada eh, Japan, Austria, United States, and mostly everywhere.