What makes Capitalism stick and why is it dangerous?
Capitalism is an economic and political system based on the private ownership of the means of production and their operation for profit. As critics point out, capitalism can cause inequality, market failure, damage to the environment, excess materialism and other challenges. Although these problems can be seen as endemic, it is still one of the major systems across the world. It is seen as broadly winning against communism, and even socialism. But, if it’s successful, as even adopted by many countries, why is it seen as dangerous? Does it have to be dangerous? What makes it stick? Pondering these questions makes me think of human nature. The famous parable of ‘A pond full of milk’ where the king asks people to put milk, but everyone puts water. It explains the innate nature of humans, where they think 'I don’t have to put the milk, someone else will do it.’ Conversely, let me explore the question of capitalism. What makes it stick? Capitalism gets into human nature and biolog...