CAPITALISM

Contents1. Two Economic Systems2. Introduction to Capitalism3. Advantages of Capitalism4. Critique of Capitalism5. Capitalism in Pakistan6. Conclusion

Economic systems

Capitalism Socialism

Communism

Introduction to CapitalismWhat are Free Markets?

Explanation of Private Ownership

Adam Smith’s theory of an Invisible Hand?

Patterns of Boom and Bust Cycles

Free Trade in capitalist systems

Advantages of Capitalism Hard work ethos

Freedom of choice Promotes efficiency Incentives for entrepreneurship and creative

research Incentives for financial investment.

Ode to Capitalism

Where is their Share?

Capitalism

We Rule

You

We Fool You

We Shoot At You

We Eat for You

We Feed All

THE PYRAMID OF CAPITALIST SYSTEM

Capitalism

Critiques Of Capitalism

Encourages class hierarchies

Monopolization in the economy

Exploitation of workers

Disaster Capitalism

Disaster Capitalism

Capitalism around the world

• Capitalism is the most used form of economic system there is in the world today

• Currently, over 80% of countries use capitalism, a free market economy

• No country in the world is 100% capitalistic.

• The five most capitalistic countries are:-

1)Hong Kong 2)Singapore 3)Ireland 4)Australia 5)United States

• Only 11 percent of people from 27 countries thought free market capitalism is working well.

• In the United States (25 percent) and Pakistan (21 percent) of people agreed that capitalism works well in its current form. 51 percent of the people surveyed believed the problems can be solved with more regulation and reform.

Pakistan’s Economy•Decolonization and Cold Wars.

•Situation at the time of partition.

•Feudalism and capitalism-go hand in hand.

Conclusion