CAPITALISM ; REALITY OR ILLUSION


                                                  CAPITALISM: REALITY OR ILLUSION ??



 T
he backbone of any country is its economic factors. Capitalism has been a powerful engine for wealth creation from creating job opportunities, enhancing productivity, and globalization, to increasing the living standard of people. Today we can freely buy and sell the product in the market and have ownership over the product. Principles of Capitalism often advocate for free trade, which can lead to lower prices for consumers, increased competition, and economic growth. We have also seen powerful countries like the USA, Germany, Switzerland, and South Korea getting developed by capitalism, why do we still view it as an illusion ??  Every thing has its good and bad side so if there's exist its negative perspective we can work on it, the first factor is considering profit from capitalism as an illusion as it creates wealth inequality and environmental degradation making people think that either profit from capitalism truly benefits society or if it primarily serves the interests of the elite. From a practical standpoint, profit is necessary for businesses to survive and grow. It determines purchasing power, access to resources, and overall economic influence. In this sense, profit is not an illusion but a real force shaping human behavior and societal structures. In conclusion government needs to work on its negative aspect, i.e., to eradicate the wealth inequality and environmental degradation, the implementation of CSR can help a lot. After considering at its advantages, it seems impossible to exist a nation without capitalism; therefore, capitalism is not an illusion but a reality !!
 

 

 

 

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