How Do Defenders of Capitalism Respond to Critics Who Point

question 21

Short Answer

How do defenders of capitalism respond to critics who point to the profound economic inequalities that characterize capitalist society?

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Definitions:

Marketable Securities

Financial instruments that can be easily converted to cash, such as stocks, bonds, and Treasury bills.

Earnings Per Share

A metric used to measure a company’s profitability, calculated as the company's net profit divided by the number of outstanding shares.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.

Common Shares Outstanding

The total number of shares of common stock that are issued and actively held by shareholders, excluding treasury shares.