promotion image of download ymail app
Promoted

Is the motivation for acquisition of wealth...the weakness in a capitalist society?

10 Answers

Relevance
  • small
    Lv 7
    1 decade ago
    Favorite Answer

    Not weakness, this inherent character of a capitalist society is the one that is supposed to make it work. It is considered to be a strength because it is believed that this motivation, although exercised by individuals, actually results in enhanced efficiency and wealth of the entire nation. The recent fall of the economy in the USSR and other communist countries has reinforced this belief to such an extent that giant nations like China have begun to take notice and slowly try and adopt some favourable features quietly into their own economy as well.

    • Commenter avatarLogin to reply the answers
  • Mike E
    Lv 4
    1 decade ago

    The weakness in a capitalist society is that while pursuing the wealth many forget to help others. A society needs to depend on each other. I am not saying that the rich owe me, they owe society. Taxation is one way that the rich should contribute. The wealthy should have less deductions than a middle class family not more. Being motivated to acquire wealth in and of itself is not bad. The love of money is what is the true weakness in a capitalist society.

    • Commenter avatarLogin to reply the answers
  • 1 decade ago

    One weakness is the attitude that the end justifies the means in producing profit. That Machiavellian principle seems to be at the center of current laissez-faire thinking. The acquisition of wealth itself can actually be a good thing, as long as a sense of compassion and empathy is retained. Otherwise it's just greed. Who among us can do as much as Bill Gates or Warren Buffet? Proportionality is a whole 'nother issue.

    The feeling that to whom much is given, much is required is called noblesse-oblige, the obligation to share what you have with others and to contribute to the civilizing things that enrich, heal, and entertain us, like music, museums, medical research, education, etc. It's hard to give $50 to your local symphony, if a payment on a BMW is more important to you. If our priorities were untwisted, no one in the world would be hungry.

    • Commenter avatarLogin to reply the answers
  • Anonymous
    1 decade ago

    Capitalism is greed. The acquisition of wealth is more than a weakness, it is a sickness. It needs to be wiped out. The love of money is the root of all evil.

    • Commenter avatarLogin to reply the answers
  • How do you think about the answers? You can sign in to vote the answer.
  • Anonymous
    1 decade ago

    Look around you. What you see is from the creation of wealth by individuals. It is capitalism's strength. The computer you are typing on just didn't happen from a state of nature!

    • Commenter avatarLogin to reply the answers
  • 1 decade ago

    i believe it is the greatest strength! i think the greatest weakness is the people who give up and think they will not succeed in a capitalist society so then they stop trying. but then i guess that gives the richer people more money which make them work even harder.

    • Commenter avatarLogin to reply the answers
  • Anonymous
    1 decade ago

    In a capitalist society it is the greatest strength...Yeah?

    • Commenter avatarLogin to reply the answers
  • 1 decade ago

    yes because where there is no motivation there is no production but when you make people to the impoetance of acquing wealth they will work had.

    • Commenter avatarLogin to reply the answers
  • bev
    Lv 5
    1 decade ago

    only if they c you coming and take your lunch money-allot of people just fold their money in half and put it back in their pocket to double it, i learned too late this is faster than investing poorly

    • Commenter avatarLogin to reply the answers
  • 1 decade ago

    Capitalism isn't necessarily bad but greed is.

    • Commenter avatarLogin to reply the answers
Still have questions? Get your answers by asking now.