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Does capitalism produce poverty?
Capitalism is not unique in producing poverty; poverty may result from any system where an underclass lacks political and economic power. It is clear however that the expansion of the capitalist world-system caused a dramatic and prolonged process of impoverishment on a scale unparalleled in recorded history.How can capitalism help fight extreme poverty?
The good fortunes of most can be traced to the free exchange of goods and services for mutual gain. While an imperfect system, capitalism remains our most effective weapon in fighting extreme poverty. As we’ve seen across continents, the freer an economy becomes, the less likely its people are to become entrapped in extreme poverty.Is capitalism intolerable?
"Capitalism gets blamed for many things nowadays: poverty, inequality, unemployment, even global warming. As Pope Francis said in a recent speech in Bolivia: 'TThis system is by now intolerable: farm workers find it intolerable, laborers find it intolerable, communities find it intolerable, peoples find it intolerable.