Response on the First Thread Post
Indeed, capitalism forms the basis of the entire economy and it is crucial in establishing, flourishing, and sustenance. Freedom in business activities in crucial as it paves ways for creativity and innovation. Therefore, it allows the specialist to engage in the area of their expertise and in the process achieving great accomplishments that are crucial for the entire economy. Failure in a capitalist society indicates an automatically fallen economy. In very simple terms, it is the pillar that holds the economy in place and running. It is impossible to run an entire business organization with single personnel. Moreover, it not possible for business founders to keep it running without the assistance of middle-class society especially when it involves a company like manufacturing or processing plants. Jobs created through invention and innovation in capitalism is vital in maintaining the economy.
Response on the Second Threat Post
Certainly, with high speed in advancement and sophistication in technology, various careers are going to be unable to provide space for people to work. Despite the enormous advantages that come along with technology, it is suffocating many job opportunities for many professionals. The reason being that the highly advanced and programmed machines can conduct the various task with minimal time and high accuracy, in the process destroying available jobs. Hence, with fewer people employed the gap between well sustained and less privileged grows resulting in high dependency that destroys the economy. A huge number of specialists, for instance, in the field of medicine risk losing their careers as most tasks can now be completed through the technology. Therefore, with more advancements in technology, there is less hope in the growing economy of a country as this means that only a few individuals will benefit and huge numbers unable to provide for themselves.