CAPITALISM , RISING , EFFECTS AND CRITICISM.

Capitalism in Europe

 Capitalism is ideology of market . Where market is separate from State. It is started in Europe from 16 century. Adam Smith is considered as father of economics who said free market concept. State perform minimum role like making of laws.

Factors which rising the capitalism

1. Work is worship as do business no matter to waste your time in religion , Society etc.

2. Time is money which provides work is Great important than other.

3. Liberal democracy means government perform minimum role.

4. Individual role is important

5. People believe in this world not the heaven and hell.

Effects of capitalism

A) Positive effects

1. Emerging of market.

2. Respect of individual

3. Evolution of business and commerce.

4. Development of science and technology

5. Development of engineering like canal making, dam making.

6. Utilisation of resources

7. Monetize economy

B) Negative effects

1. Loneliness of man

2. Emergence of depression anxiety and suicide

3. Formation of nuclear family

4. Dehumanization

5. Increase crime rate

6. Class diversion like upper and lower class

7. Exploitation of resources.

8. Evolution of environmental problems.

Criticism of Capitalism

1. Marx said that capitalism is the state of dehumanization of Society and extreme exploitation of labour.

2. Misuse of capitalism and spreading colonisation throughout the world.

3. Destruction of man , family , society and state.

Capitalism is effective for the liberal state and harsh for the cultural state.