Obviously Capitalism isn't perfect, but it's not the capitalism part that's the problem. It's the people that are the problem. Some people are shitty. Some people lie. Some people cheat. Some people steal. For capitalism to be fair in the ability to provide the opportunity of economic pursuit for everyone, there needs to be:
While this would always be the case to some extent, capitalism encourages these traits. Selfishness is a negative trait, most people think that, and yet they believe that it's acceptable for capitalism to reward this and give those people what they want, even if the only support they bring to the system is employing people to do work for them.Quote
People forget that if we don't buy from the bad companies those companies will go out of business and go away. The market rewards the winners, but only if consumers participate in that judgement.
Your logic is that people gravitate towards their own interests. In this scenario, consumers will buy from businesses that offer them the cheapest products, regardless of the methods that the businesses use to attain them. Businesses even gravitate towards areas with less economic governance in a bid to increase production, such as chocolate's huge problem with child slavery. You support businesses acting based on selfishness but seem to miss that consumers act in the same way, especially when they're poor due to the selfishness of businesses. It results in failure for many, many people.
