Why Millennials Hate Capitalism

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Socialism or capitalism Capitalism or socialism, which economic system would you prefer? Michelle Goldberg wrote an article based on why Millennials Hate Capitalism the name of the article is “No Wonder Millennials Hate Capitalism.” In the article Goldberg claims, that tax bill passed by the Senate is another capitalist failure which would make the rich richer and the poor poorer. Actually, capitalism allows you to choose your own fate, and write your own script without the government determining who wins and who loses. While socialism seems to always fails over and over. While it promises equality and security, all it brings is tyranny and poverty. Altho early on it may seem beneficial, in the long run it is only a formula for disaster.…show more content…
also, a tax break for businesses is necessary for the free market to boom again, which would over time be very beneficial to our economy. And tax breaks for the middle class would give them the opportunity to save or spend their money any way they see fit. Both tax cuts and a tax reform would be very beneficial to a majority of Americans right now. Capitalism, and the free market, what does this mean, and how does this affect me? The free market is an economic system where prices are determined by unrestricted competition between privately owned businesses. Put simply it means private businesses make their own choices on behalf of their own motives. Which can be both beneficial and negative depending on the situation. A Lot of business competition can lead to higher wages, cheaper goods, more quality goods. While a lack of competition in the free market can be taken advantages of, to drive the price of goods up, and produce a lack of quality. many attacks on capitalism alike the Senate tax reform bill are illegitimate like, “it cuts deductions for state and local taxes, which could make it harder to fund the public schools where the vast majority of millennials will send their kids”. First Cutting deductions for state and local taxes do not directly…show more content…
a product of our capitalist government, being the most recent tax bill. the author’s argument against the tax bill is very limited and offers very poor and biased evidence. the fact that the author only includes one negative example of capitalism, and fails to effectively capitulate on the tax bill due to questionable evidence and sketchy analysis and interpretation of the “evidence”. The author, Michelle Goldberg uses common talking points used by many politicians that are repeated too often, pushing a socialist agenda that the evil capitalists and the big wealthy corporations are out to get the poor. which is far from factual. Works Cited Goldberg, Michelle . “No Wonder Millennials Hate Capitalism by MICHELLE GOLDBERG.” NYC DEL NETWORK, 6 Dec. 2017, nycdel.net/2017/12/06/no-wonder-millennials-hate-capitalism-by-michelle-goldberg/ Kaplan, Thomas, and Alan Rappeport. “Republican Tax Bill Passes Senate in 51-48 Vote.”The New York Times, The New York Times, 19 Dec. 2017, www.nytimes.com/2017/12/19/us/politics/tax-bill-vote-congress.html. In the early hours of Saturday morning. “Here 's What 's in the Senate Tax Bill.” CNNMoney, Cable News Network, money.cnn.com/2017/12/02/pf/taxes/senate-tax-bill-passed/index.html Sarlin, Benjy. “House Passes Sweeping GOP Tax Bill, Senate to Follow.” NBCNews.com, NBCUniversal News Group, 19 Dec. 2017,
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