Does Capitalism lead to increased or decreased social differences?

As Capitalism has already been defined that it is an economic doctrine which is based on private property of the means of production and the regulation consumption and production by free market.

Capitalism has its limits to the market economy. They put their attention on only the own interest. They want to earn more and more to become a rich person in the society. They want to put their hold on the economic market and do not prefer to the equal opportunities. 

Capitalists are of the view that they have gotten the power in economy, so why they will they support others to create an environment of competition to create challenge to their economic imperialism. This thing don’t let them to take a step for the welfare of the society. Their whole focus is on the economic market.

If capitalism is analyzed in-depth and compare to Liberalism. Liberalism is based on free market economy, but the main distinction between these two philosophies is that Liberalism take it just a part of its philosophy as it give more significance to the welfare society and their political and social rights. Liberalism gives importance to equal opportunities and urges on individual right. But capitalism have no space for such things as their priorities in free economic market is to stable oneself without caring of other.

In this scenario of Capitalism, how can one tie hopes of betterment from capitalist. This is not appreciable point to think that capitalists put their eyes just on their  stable future.

A success doctrine on the surface of the world is that (Liberalism) which take care of all the mankind equally with justice. A philosophy which is the most favorable in the right of mankind that will get popularity and people will accept it. The philosophy, like capitalism, can not be accepted which support the powerful elements of society. If such system is introduced in a state or in a society. It will bring bitter results; this will give birth to instability, hatred, class system, injustices, corruption, law and order situation and many more unexpected drawbacks in the society.

When a man as a capitalist get authority and he is all in all in a free market economy without any accountability and responsibility. He cannot be expected to think for the welfare of a common man or labor class. He thinks to stable his own generation and relatives. This thing creates uncertainty and a culture of despair. In a result social disorder take place in the society. A common man strives to break laws and state rules to feed their families by hook and by crook.

In nutshell it can be said that capitalism lead to the social difference though this doctrine support free market economy, as they neglect the social and political aspects of society and want to take hold of the market. This system can not be considered as a perfect doctrine and code of life. The system is that which can deal with members of society equally in each aspects for the welfare of the people, which cannot be found in capitalism. This credit only goes to the Liberalism which take care of each person of a society in every aspect of life. 

{Written by: Abdul Bari Mandokhail, Quetta City, Balochistan, Paksitan}