What is capitalism?

suffering_from_capitalism
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. read more