Will Capitalism destroy the World? | The Power of Money | Dhruv Rathee
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John
English
College Students
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Summary
Capitalism has both improved and harmed the world. It fosters innovation through decentralization and competition, leading to technological advancements and reduced poverty. However, it also creates monopolies, income inequality, environmental destruction, and societal issues. The concentration of wealth can undermine democracy, as corporations gain power over governments, prompting calls for alternative systems like socialism.