Hi Friends! my name is Salman
today i am going to make this video
about Capitalism or Capitalism Ideology
First in this video we'll se a question
What is Capitalism
Capitalism Meaning
What is Capitalism Ideology
Capitalism Ideology Meaning
Who benefits from Capitalism
Who takes more advantages from Capitalism
Why is Capitalism not Good
Capitalism is Good or Bad
Let's start this video
Capitalism word derived from Capital
Which came from Capitale
an old Latin Language word
Which roots comes from "Caput" word
Which means HEAD
Further more this word has link with word CHATTEL & CATTLE
Which make a sense of Movable Stock
That means, that Product which is moving in Market
Capitalism Basically is an economic and Political System
In which a Country's Industry are controlled by Private Owners
and keeps all the Profit
and pay taxes to the government in certain amount
For Example, There are five main industries in a country
Sugar Mill, Flour Mill, Garments, Telecommunication and Petroleum
If Government owns these industries
There is a Lost, The Government will pay from their assets
government will any how run the all industries
If it happens
The government sold out Telecommunication to a private owner
and Private owners invest on industry and earn profit
and pay taxes to the Government
If any Private owner bought this telecommunication industry's license
That means
Now anyone can buy that license and open that industry in country
Now the advantage will be
There are two companies in market
The people will have more less calling rates
and more people will use the Network
and have benefit
on the other end, the Government will not have any tension
The government will no longer invest on industry
The government has to keep it's eyes on Property and taxes
Now let's talk about, What is Capitalism Ideology
When a government came into power
It First think about
How Country's Economy should be handled
Either It should be handled By Socialism Or Capitalism
Capitalism Ideology says Capitalism is a
Political and Economical Theory that
says Individuals are free
Means, everyone is free to earn money
Either he earns by selling his product or by selling his services
He can buy his property from government where he has his factory
In Capitalist Countries
In reality Private owners rule
about all Means of Products are on their end
For example If Government
Sold out all industries to common people
Now the Government has to accept that what ever those Private owners says
Otherwise, They'll shut the business
If I say so, Ultimately Government take advantages
The government take money from them in face of taxes
Just Like, If you make a phone call about 10% is tax
Now, I'll talk about who Benefits from Capitalism
In Capitalism there are two types of advantages
No 1. Private owners take advantage in terms of whole profit
No 2. The People will have advantage that could be in terms of Quality or Price
As there is lot of Competition in market, Ultimately Consumer will have more advantage
It all were about Capitalism Advantages
Let's talk about it's disadvantages
If in a country all the Industries are sold to Private owners
They will rule the country
Now, They will decide the market price
Here the Government has to play it's role to
It should not let them to be unitize .in fact, there should be competition among them all time
That Country's poor people
How will they survive
If they work on fix salary
Friends! due to Coronavirus
Lot of People are Jobless
Because of they have concern with private sector
Until, Company's owner won't earn how will he pay off salary
Because of this, those country's are surviving
Which supports Capitalism
There is an other concept in Capitalist Country
Poor Becomes more Poor and Rich Become more Rich
For Example, If a person work in a private shop
shop's owner either saves 200k
but He'll pay to his labor 15k in a month
If he double his profit next year
He'll make his labor salary 16k for mnth
Capitalism has it's own advantages and disadvantages
How did you feel about this video. What do you think about Capitalism
Please share you thinking through commenting in COMMENT BOX
Take care of yourself and Thanks for watching this video
