Refraction

Capitalism, a economic system in which private ownership and production of goods and services is the dominant form, has long been criticized for causing economic inequality in society. In a capitalist system, the means of production, such as factories and land, are owned by private individuals and operated for profit. This often leads to a concentration of wealth and power in the hands of a small group of individuals, while the majority of the population may struggle to access the resources and opportunities necessary to improve their economic situation. One way that capitalism can contribute to economic inequality is through the exploitation of labor. In a capitalist system, workers are often paid wages that are lower than the value of the goods and services they produce, which allows the owners of the means of production to profit at the expense of the workers. This can lead to a situation where a small group of people control the majority of the wealth and resources, while the major