Does capitalism mean living beyond your means ?

16 Answers

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  • Anonymous
    3 weeks ago

    In a way, yes.  As money trickles up to those who have no need to spend it, it leaves the circulation.

    Without people, companies and governments constantly getting deeper in debt, it would have collapsed decades ago

  • Anonymous
    1 month ago

    corporations want to get everybody in permanent lifetime debt . 

  • 1 month ago

    No, it means that lazy mf's will have to produce or die.

  • Jas B
    Lv 7
    1 month ago

    The only way capitalism can continue to thrive is if people continue to consume more and then more.  Borrowing money has never been easier, so getting into debt is no problem.

    The difference to what people expect to have now compared to what they had 50 years ago is incredible.  My home growing up did not have even a landline phone, no washing machine,  fridge, freezer or central heating.  We had one TV and one radio on the entertainment side, there were no computers, mobile phones etc. etc.

    Plus of course back then you didn't change what you did have every year or two for a new model, things were thrown out when they broke down and could no longer be repaired.

    Trouble is our planet does not have the natural resources to feed this ever growing consumerism from an ever exploding population, who all want the same as we in wealthy countries have.

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  • 1 month ago

    croll through rapper 50 Cent's Instagram feed and you'll discover a dominance of photographs where he relaxes in impossible wealth.

    There's where the rapper, genuine name Curtis James Jackson III, can't discover his legs since they're covered under $100 greenbacks. There's another where he's supplied his fridge with packs of greenbacks. All the more confounding actually is where the rapper masterminds his "lunch cash" ($100 notes) to illuminate "broke".

  • Anonymous
    1 month ago

    Capitalism means the private ownership of productive property.

  • Kevin
    Lv 6
    1 month ago

    It's been referred to as the worst economic system, except for all the others.  

  • 1 month ago

    It has certainly drifted into meaning that , as electorates have become less educated, and more expectant that someone else will pick up the bills.

    So the political parties have responded to that , knowing that if they don't , they won't get elected .

    So governments  just run bigger and bigger deficits knowing that long after they have gone , some generation  down the line ,will have to pay for it with poverty .

  • Anonymous
    1 month ago

    It means to rid lazy parasites from our planet.

  • 1 month ago

    no. it means getting as much money as possible out of your neighbour. 

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