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5 Signs That Capitalism Is Practiced In A Country

We’ve all heard about thousands of anti-capitalism campaigns all around the world, but most countries deny the fact that it is practiced in their nation. If a country is in denial, it doesn’t mean it’s true. Here are the signs that you can easily notice if you’re under a government that practices capitalism.

Generating Profit

All countries want to boost their economy, and as a matter of fact, it is a good thing. However, if the economy is only focused on generating profit, it means that the nation is pro-capitalism.

Consumption is encouraged

People need to consume goods to survive, but if you can notice that the government encourages consumption in a drastic way, it is not normal. You’ll get to see many advertisements that don’t seem reasonable. There should always be a balance between the supply and demand.

Limitless economic growth and wealth accumulation

It is where the saying the rich get richer while the poor continues to be poor is applicable. It is one sure sign that is happening all around the globe. Business owners of big corporations continue to capitalize the income generated leaving only a small percentage of profit for the poor.

Market Deregulation

An inevitable sign of market deregulation is free trade. Though a free trade agreement may have some benefits, it is still a good way to take advantage for capitalism.

Privatization

In a country, there are natural resources that we get supply from. Most of it is government owned, but if suddenly it pushes for privatization, it’s not going to put the nation in an advantageous position.  We should realize that if it happens, the prices of the natural resources such as the source of water and electricity can go up without control.

All of us should realize that capitalism is not beneficial to the economy because it’s only good for the few who are already on top.