Global community or the government to survive

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Capitalism does not benefit everybody as it can disadvantage many people and groups within our society. A good example of capitalism bringing groups down within our society would be the Dairy farmers. They have been massively affected by other businesses that take advantage of our capitalist systems. The farmers are now barely able to survive economically, even with many state and federal government subsidies. Previously with the $2 milk, it isn't elementary for these farmers to survive, and many farmers will continually lose money until the price of milk starts to go up.

While capitalism benefits many people within our society (within this example, the system benefits the consumers who buy the milk the most), it still negatively affects many other groups to the point that some people within our society are working well below minimum wage and are unable to survive without the help and support of the government.

Therefore Capitalism does not benefit everybody as there are always those who are taken advantage of and need assistance either from the global community or the government to survive.

Do you agree or disagree? If so, why?

Reference no: EM132841889

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