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.
Meanwhile, two principles help to define the meaning of âdemocratic capitalism.â. (1) The first is a principle formulated by the great sociologist Peter Berger in The Capitalist Revolution: Fifty Propositions about Prosperity, Equality, and Liberty (1986). Empirical observation clearly showed that capitalism is a necessary (but not sufficient) condition for the success of democracy.