A economic system which is usually short lived before becoming corporatism
. In this system, everyone is said to have an equal chance to become rich, depending on how hard they work. While this is true of capitalism, usually by the time a capitalists become rich, corporatism is born. A system where the rich get richer and the poor get poorer. While Capitalism is a good idea, in theory, it is not in practice. Just like communism
. Neither work. Usually, the only way for a semi-capitlist state to exist for any length of time is through democratic socialism
Capitalism kicks ass! Now that I'm rich, I don't have to work, and since there are no taxes on the rich, I can just keep making more and more money without any idea of what to do with it! Nevermind the fact that other people need this money more then I do, it's mine, and I deserve to keep it, even though I'll just use it to buy things which I don't need, then keep the rest for my son to inherit, so he doesn't have to do any work either! Isn't "capitalism" fun?