Capitalism- and its Fundamentals
Capitalism and its Fundamentals Any system, which is designed for the benefits of mankind by man is good for the time being; it could be better if timely updated. If the change in the system is restricted by economic elites; it will be termed as hidden dictatorship and evident murder of mankind. Below are some basic fundamentals, and its effect on any society. 1. Interest: Interest is a price which is earned by one who is not the owner of money which is used in lending. It brings no value addition in the economy except economic class differences and increase in cost of doing business. Loans are granted to earn interest without any benefit and value addition in the human society. 2. Credit cards: People are mentally and physically employed in corporates, ...