First, a little bit about the benefits of capitalism , from Wikipedia : "Many theorists and policymakers in predominantly capitalist nations have emphasized capitalism's ability to promote economic growth, as measured by Gross Domestic Product (GDP), capacity utilization or standard of living . This argument was central, for example, to Adam Smith 's advocacy of letting a free market control production and price, and allocate resources. Many theorists have noted that this increase in global GDP over time coincides with the emergence of the modern world capitalist system. [85] [86] While the measurements are not identical, proponents argue that increasing GDP (per capita) is empirically shown to bring about improved standards of living, such as better availability of food, housing, clothing, and health care. [87] The decrease in the number of hours worked per week and the decreased participation of children and the elderly in the workforce have been attributed to capita
