Topic > Similarities Between Capitalism and Capitalism

However, capitalism appears to exhibit long swings in economic activity, as measured by employment and unemployment rates, of much wider magnitude than those found in more corporatist economies. This means that the gains are that they will become richer and more economically stable. It also allows the system to create more jobs which give people an incentive to work harder for a chance at being in the higher class. But on the other hand, it also gives them the chance to have high unemployment rate and also reduces the level of workers to poverty. According to Columbia University it is stated that “If these capitalist business sectors offer relatively good job satisfaction and personal growth overall or offer