Communism

Critics of capitalism point out the following reasons:

Capitalism is criticized from a lot of perspectives, and the key reasons people criticize it are:

-Inequality: Critics say that capitalism naturally breeds huge inequalities of wealth. All the power and resources concentrate in the hands of a few while leaving most of the others in poverty. Such inequality may occur in income inequality, wealth inequality, or other resources like health care and education.

This concept is identified by some as exploitative because it exploits workers at a lesser wage than value added. Low wages, poor working conditions, and fear of losing a job are some aspects.

Environmental Damage: Some oppose capitalism on grounds that its profit maximization motive propels environmental degradation, leading to pollution, resource depletion, and climate change, creating an irrevocable conflict with sustainable environment.

Instability and Crises: Boom-and-bust cycles have always plagued the capitalist economies, creating economic instability, recessions, and financial crises that have disastrous effects on people and societies.

Alienation: Other arguments tell that capitalism alienates the individual from his work, from his community, and from himself. The focus on material goods and consumerism leads people to feel empty and unsatisfied.

Political Influence Critics argue that capitalism allows corporations and the elite to have undue influence on political processes and consequently promotes policies that favor the elite at the expense of the masses.

Of course, there is always a question of whether haGH democracy and hyper-capitalism go hand in hand. As a rule, democracy and capitalism are different partners, although they often mean alike; at the same time, hypercapitalism can pose a danger to democratic values.

Patholoygical hyper-capitalism where there is excessive greed for wealth, increased polarization of income inequality, undue influence by business corporations, and lack of regulation erodes democracy through: This preserves inequity with regards to economic resources placing legislative control in the hands of few rich individuals, who are able to fund their political campaigns and lobby the system, thus offering skewed policy ideal for the wealthy as opposed to the public good.

In this context, hyper-capitalism can be explained because society is divided into the rich and the poor and their possibilities of life are as different as the immediate outcome of the process. That eventually results in social disorder, political crisis, and a decline in confidence in democracy.

However, this paper should demonstrate that there are conditions in which democracy and capitalism can socially coexist and not only sustainably evolve but also complement each other. One can find that higher and powerful regulations, progressive taxation, and social welfare systems can help to reduce the effects of the negative side of hyper-capitalism and make economic growth more inclusive. That is, strong and effective civil society, engaged citizens, and a vibrant and independent media are key to curbing dominance of other interests-and for sustaining democracy.

That is, hyper-capitalism is tightly connected with democracy as the interdependence between the two concepts has been balanced. Capitalism promotes or stimulates economic growth, innovation, and investment, but equally important, all this should not diminish the fundamental elements of democracy: democracy, respect for the rights of others, equality, fairness and respect for the rule or law. And thus, achieving the balance, the input and output factors, it is feasible to construct a society in which the people of that society are at one end beneficial economically as well as socially satisfied.