Capitalism And Capitalism

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The Cambridge dictionary definition of geography is “the study of the systems and processes involved in the world 's weather, mountains, seas, lakes, etc. and of the ways in which countries and people organize life within an area”. The idea of capitalism focuses on the human side of geography due to capitalism affecting peoples lives and socially, how the world develops. Capitalism is “an economic, political, and social system in which property, business, and industry are privately owned, directed towards making the greatest possible profits for successful organizations and people”, as defined in the Cambridge dictionary. Despite some criticisms towards capitalism, it is seen as the most successful economic strategy for a country compared to others such as socialism and communism, these successes can be highlighted by the economic development of Western countries and in which is soon becoming a global phenomenon. Capitalism has a negative geographical dimension, this is inequality. David Harvey writes in Spaces of Hope, 2000, that capitalism is “one national struggle between the classes” This highlighting that although capitalism aims to make individuals proposer, it is not a balanced concept at all (Harvey, 2000). This inequality is spatially manifested and therefore gives it a capitalism a geography. Capitalism’s economic inequality has led to a clear divide between urban and rural, this is evident in China. With a communist government, it still maintains a

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