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Disadvantages of capitalist society

Updated: 11/20/2022
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13y ago

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Economic, social & cultural polarization between property-owners and others; inefficient use of human capital through hereditary transmission of wealth & status; tendency to cycles of over-expansion and contraction; disproportionate political influence of propertied classes & sectional business interests; tendency to monopoly & homogenization without strong checks on elimination of competition; fuelling of consumer desire through marketing, risking exclusion & alienation of those of lesser means.

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