Extreme capitalism

Extreme capitalism, also known as unregulated capitalism or laissez-faire capitalism, is a type of economic system in which there is minimal government intervention in the economy and the free market is allowed to operate without any restrictions. In an extreme capitalist system, the pursuit of profit is the primary driving force behind economic activity, and businesses are free to operate and compete without any regulations or oversight.
Proponents of extreme capitalism argue that it allows for maximum efficiency and innovation, and that it allows individuals to freely pursue their own economic interests. However, critics argue that extreme capitalism can lead to significant income inequality, as those who are successful in the market may accumulate wealth at the expense of others. It can also lead to environmental degradation, as businesses may prioritize profit over the long-term health of the planet. Ultimately, the effectiveness of extreme capitalism as an economic system is a matter of debate, and different societies may choose to adopt different economic systems depending on their values and priorities.
----Neon capitalism; Capitalism in Cyberpunk
Category:Economics
Category:Capitalism