Pollution is a worldwide problem that affects air, water and soil. Various human activities, mainly since the industrial revolution, have created waste products that have simply been released into the environment without any thought being given to their effects.
The Pros and Cons of Capitalism Even though capitalism is the clear winner when in competition with other types of economies, capitalism has major disadvantages that are often overlooked.
From a purely scientific point of view, there are no principles of capitalism as such because the term capitalism denotes an economic system and observed economic processes. However, various political ideologies that champion capitalist systems do, however, attribute values and principles to their respective visions of capitalism.