Capitalism is an economic system in which a small group of people at the top of a financial hierarchy exploit others at lower levels according to the principle: buy low sell high. This small group uses profits to buy land and also control labor rates and conditions; food, water, transportation and processes others must buy, rent or use in order to participate in organized society – thereby setting in motion a self-perpetuating system of automatic wealth acquisition. As long as society functions, those holdings will be used and the holders of them will acquire greater wealth, which will translate into more acquisition in a never ending loop.
Eventually, capitalists own just about everything, at which point they become empowered to make decisions about who will be housed and who will not; who will have access to water and food and who won’t.
A small group of capitalists controls the larger group of citizens by granting or denying access to land and the processes needed to move from one place to another, communicate, carry out financial transactions, grow and obtain food; access water, heat, power and building materials. In 2014, this societal dichotomy is referred to as the 1% v the 99%. Today, 85 individuals own as much wealth as the poorest 3.5 billion of the world’s population.
By controlling communication mechanisms, capitalists are generally able to control information delivery. Which in essence means that capitalist strongly influence the minds and thoughts of citizens as well as our physical environment.