Capitalism is characterized in short by Individual Freedom, Private Property, little Government Power and the Free Market which is a key to a good economic development and in fact it is a human principle, we have always looked for ways to exchange goods to obtain a profit, either by bartering or buying and selling in exchange for money.

In today's world we are ruled by Consumerism, a shekel of Consuming - Discarding that dictates our lives, let's be honest, we all like "new and better toys". In order to succeed, capitalism needs consumerism, it needs us to constantly buy new goods and services, this is for some negative, but it is a fundamental part of economic growth.

The number of people living in extreme poverty worldwide fell by 80 per cent between 1970 and 2006. People living on a dollar a day or less dropped dramatically from 26.8 percent of the world's population in 1970 to 5.4 percent in 2006, a decline of 80 percent. It is a truly remarkable achievement that does not receive much media coverage because it highlights the success of capitalism.

Being a system that protects private property and the fact that each person can create their own product or service and sell it in a market where it is the market that determines prices and not the government makes it a very attractive system for entrepreneurs who want to find ways to get more money.

Advantages and Disadvantages:

Advantages:

• Incentive to be Efficient thanks to free competition. This point is all the more true when we look at countries that do not have a Free Market, the brands that exist that normally belong to the government tend to be very inefficient.
• Incentive to work due to the fact that you will earn according to your effort - Effort = Reward.
• Consumers have the choice of which product to buy.
• Capitalism has a dynamic in which entrepreneurs and companies seek to create and develop profitable products. Therefore, they will not be stagnant, but will invest in new products that may be popular with consumers. This can lead to product development and a greater variety of products.
• Economic Growth. Thanks to companies and individuals who face incentives to innovate and work hard, a climate of innovation and economic expansion is created, and everyone benefits greatly in the long run.
• There are no better alternatives, the second "great" system would be Socialism/Communism and it is an absolute disaster that only destroys what Capitalism achieves.

Poverty worldwide included 94 percent of the world's population in 1820. In 2011, it was only 17 percent. What is even more incredible is that the global poverty rate was 53 per cent in 1981, making the decline from 53 per cent to 17 per cent "the fastest reduction in poverty in the history of the world".

Disadvantages:

• Inequality is usually created and this leads to social division and very unequal societies create resentment and marked social division.
• It does not provide equal opportunities, I mean that the poor are going to find it more difficult to get ahead, by logic, the more money you have the easier it is, that's how the world works.
• Monopolies?. Some super powerful companies could dominate a market almost completely and thus increase prices. But the Monopoly as such is the enemy of free competition.
• "Cold, Cold Heart." There is often a great deal of inequality between owners and those who work for businesses. Yes, because obviously being the boss you have to charge the same as the sweeper, for example, to be considered fair... Note the sarcasm.
• When the system fails it causes a rather painful impact on the economy and of course on citizens.

Globally, low- and middle-income people experienced wage increases of 40 per cent between 1988 and 2008.

However, there is a great deal of anti-capitalist propaganda, in which only the "bad and horrific" part of the system that has brought the most progress to the world in all its history is made known, and it turns out that in the freest economies it translates into $35,000 more in per capita income than the interventionist and socialist models. It turns out that the fastest growing economies are those that adopt a more liberal institutional framework, and their average annual GDP growth is three times that of the least capitalist countries.

And not only that, but life expectancy is also higher in countries with a free economy and a devastating statistic indicates that there is twenty-five times more poverty in less liberal countries than in those that adopt the laissez-faire paradigm more, it turns out that the poorer classes are eleven times richer in liberal economies than in interventionist, socialist and anti-capitalist models.

The world is 120 times better today than it was in 1800 as a result of capitalism. Steven Horwtiz of the Foundation for Economic Education (FEE), quoting author Deidre McCloskey, noted that the 120-fold figure comes from multiplying "increases in average human consumption by 7 times the increase in life expectancy worldwide (For 7 billion compared to 1 billion people).

With all this in mind, it is by no means a perfect system, but it is the best we have and certainly much better than the alternatives, it can be cruel and all they say is that if there is something that cannot be denied it is that it gives you the tools and opportunities to improve your economic status, encouraging free competition and hard work to achieve it, It gives you nothing but the opportunity to do your own thing, because the government doesn't have to give you anything, you are able to get what you want on your own and the system practically guarantees that if you work you will be able to live decently, which is not the case in Communism where you work, you will probably live badly anyway.

Under-five mortality rates declined by 49 per cent between 1990 and 2013. According to data from the World Health Organisation (WHO), this is a decline called "faster than ever". Capitalism translates into lower infant mortality rates by producing better access to medicines and living standards.

What is the Real Problem of Capitalism?

The real problem is not one of system, the problem is that the people who criticize it radically envy anyone who is better off economically or simply live better than they are and instead of doing something to try to obtain more wealth they prefer to criticize and bet on an alternative system based on stealing and hurting the people who earned their wealth so that there is "equity", because of course, everything is easier if they give it to you. And they have to understand something, if you complain about not being given a house or a car, if you are being "exploited" at work and you do absolutely nothing to get a better job or improve your situation, the problem is not the system, the problem is you.

The real problem with this system is people who do not do self-criticism, who do not have the will to aspire to more, people who prefer that everything be easy or free, who believe that they should obtain a certain amount of wealth simply because they exist. That's why there's so much Communism today, because instead of preferring to be independent and compete they prefer to have a state that will "father" them and help them survive. Some are so hypocritical that they criticize Capitalism from a Capitalist Economy, in a Capitalist Country, using a Capitalist Device and having contracted Capitalist Services.

In short, Capitalism is a system that in my opinion has more advantages than disadvantages, but the progress that the world has made thanks to it is undeniable, and although it is not perfect and still has room for improvement. It is the only currently feasible system that we know by statistics has crushed systems like Communism and until a better alternative appears it will remain the best system a country can have.

"The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries." - Winston Churchill