Discussion I want 2 short discussion related with this subjectComment or story in our life or facts ... ect define capitalism and explain some of its common justifications and critiques. What are some of the key challenges in today's society for young professionals under capitalism?Capitalism?Capitalism has historically evolved from the Renaissance through several stages - mercantile, industrial, financial, and state welfare.?Many believe we are now at a new stage, globalized capitalism, involving reliance upon foreign labor and services, joint ventures in overseas companies, outsourcing, etc.?Capitalism is constantly changing as new socio-economic and political conditions arise.

Capitalism Capitalism: An economic system in which the major portion of production and distribution is in private hands, operating under what is termed a "profit" or "market" system Socialism: The polar opposite of capitalism, an economic system characterized by public ownership of property and a planned economy Worker control socialism: A hybrid market-oriented socialism