However, citizens of a socialist state are not to blame. The lack of knowledge and negligence on the issue are the main reasons why these people are not choosing capitalism over …show more content…
This is the foremost justification for why capitalism is despised by many and not applied as it should be. The market has to function on its own for it to reflect all the perks of capitalism, as the name evidently indicate— free market. Trying to regulate price, to control and restrict companies, to tax unfairly are all signs of a corrupt capitalist government. Ironically, these actions may appear acceptable and reasonable but they are not. Nonetheless, a government’s task should be anything but these. The law of demand and supply regulate prices, previously established regulations control and restrict companies not tailored decrees to particular corporations for fear of monopoly and abuse; the market will autonomously govern that. If the market determines to make a company profitable or another one fail, then it must inherently be a good thing for everyone. As Hawkins puts it, “Under capitalism, the market reacts almost like a living thing and allocates resources where people want to spend their money.” (Hawkins). On that account, the market needs to be off-limits to the government for true capitalism to exist. A nation where the problem of education and corruption are solved is a nation where true capitalism