Capitalism
generally has two meaning. As modals and as the center of a country
(capital city). I am going to explain the first meaning. The capital as modals.
Capital-ism.
That is how we separate them from the basic word. Based on http://www.thefreedictionary.com/_/dict.aspx?rd=1&word=ism, Ism alone means a system of belief accepted as
authoritative by some people. So, capitalism means the belief of capital. What
does it really mean? Let me explain capitalism to you on the next paragraph.
Capitalism
is an economic system, the capital is derived from individuals or private
companies and the capitalists do their competition through free trade. Based on
this reference about capitalism http://www.referensimakalah.com/2012/08/pengertian-kapitalis-kapitalisme-teori-ekonomi-kapitalis.html,
the capitalists have rights to monopolize every production cause it derives
from them. Of course this kind of principle could create a social inequality in
a country. This economic system is totally favorable for the capitalist or
let’s say the bourgeois, but this is not applicable to the proletariat. The
proletariat gets poorer and the bourgeois gets richer.
Nevertheless,
capitalism is still used by some countries though they don’t admit it. It’s
proven by so many private companies holding the important roles in a country.
It’s also visible from the social inequality.
The
conclusion is the capitalism is not way better than any other economic system.
Every economic system has its positive and negative sides. It’s back to
ourselves to choose one of the economic system and apply it in our country.
Indeed, the capitalism has many advantages and can increase the people’s
wealth, but it’s only applicable to the bourgeois.
Athilla
Meidictine Johanita
1701350235
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