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Love it or Hate it By Marcelo Bayon What is Capitalism? Ask a Financially Poor Person.  If you ask someone who is in poverty, they might say that it.

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Presentation on theme: "Love it or Hate it By Marcelo Bayon What is Capitalism? Ask a Financially Poor Person.  If you ask someone who is in poverty, they might say that it."— Presentation transcript:

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2 Love it or Hate it By Marcelo Bayon

3 What is Capitalism? Ask a Financially Poor Person.  If you ask someone who is in poverty, they might say that it is a system that it takes from the poor and gives to the rich.  You could also say that they are not happy and would like the government or the company they work for to take care of them in their old age.

4 What is Capitalism? Ask a Middle Class Person.  A Middle Class person might say that Capitalism has provided all their needs including: shelter, food, a high paying job, financial security, and a retirement account.  These people are the bread and butter of the Capitalist system since they are the educated workers who end up paying most of the taxes.

5 What is Capitalism? Ask a Financially Rich Person.  The might say that it is a system that protects and values individual rights.  They might also say that Capitalism is the only way Democracy can work.  They might also say that Capitalism is the best system to allow people to become rich and wealthy.

6 Do we live in a Capitalist country?  The United States has a free market where anyone can try and sell anything they want and try to make a profit from it.  We as a people do have our personal rights protected.  The middle class is burdened with taxes to support the poor.  We do live in a society with symptoms of Capitalism but there are also many signs that point to Socialism.

7 Socialism in a Capitalist Country  Government social programs that provide work, food, shelter, or bailouts is Socialism.  Firefighters, police officers, and public schools are all government “sponsored” for the people.  Unemployment benefits, food stamps, Big Brothers Big Sisters, Nurse-Family Partnerships, and housing assistance are all forms of Socialism.  See references for more details

8 Capitalism vs. Socialism Chart See references

9 Owners of Wealth In America today, approximately 90 percent of the wealth is owned by the top 10% percent of the population. The reverse is also true, the bottom 90% of the population own 10% of the wealth. See References

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11 References  Big Brothers Big Sisters http://evidencebasedprograms.org/wordpress/?page _id=117 http://evidencebasedprograms.org/wordpress/?page _id=117  Nurse-Family Partnership http://evidencebasedprograms.org/wordpress/?page _id=57 http://evidencebasedprograms.org/wordpress/?page _id=57  Chart references http://www.cesj.org/thirdway/comparison3rdway.htmhttp://www.cesj.org/thirdway/comparison3rdway.htm  Graph references Robert Kiyosaki’s book “Rich Dad’s Conspiracy of the Rich and the 8 new rules of money” page 122.


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