Capitalism in Poor Urban Communities

The "Ghetto" in Chicago,IL

Capitalism is an economic system that is controlled by private owners to make a profit rather being controlled by the state. Capitalism in the urban community is essentially a monopoly that dictates where certain commodities and resources go. For example, if you live in a nice urban area, chances are the infrastructure of your community is strong due to the financial gain that capitalism makes from you. As for the poor urban communities that contribute little to capitalism, you see this area as the "Ghetto" or "Slums." These parts of the city contribute little to the capitalistic owner that controls most of the wealth within the city. This is a major issue in urban communities and the reason why poor areas in the urban community remain in the dumps and are not entitled to any future improvements. 

 During the agricultural times this was never problem due to the small towns that had a small population. People within these small towns or village worked together, if the farmer who harvested apples fell from the tree and broke his arm, everyone in the community helped that farmer pick apples. After the industrial revolution you can see how people were becoming socialized to fend for themselves rather than sharing and caring for others. Capitalism was the reason for this sudden change in the way people starting acting in communities. Especially in cities today with high population and little to space up for grab, people are choosing themselves before they choose others. This is why we see certain commodities and resources going to the wealthy who contribute to the capitalistic owners of big companies instead of the poor who can’t contribute at all. Capitalism contributes to why there is a “ghetto” in the city, with factory jobs going over sea to China, Indonesia, and Mexico. That leaves millions of Americans jobless raising the poverty rate and poor communities. Capitalism used correctly is a very nice system to build our economy and get us out of high poverty rates and unemployment rates, but with the system having too many loopholes and upper class people controlling the manufactures overseas, the poor communities in urban areas will continue to remain in a poor and unsafe environment.

Unsafe because of the gang violence that is created due to capitalistic owner created more jobs oversea than in American. Little amount of job opportunities force people in these poor communities to development a criminal way of life not by choice, but to survive. This is were gang life starts at such a young age and continues to grow in in these poor areas because it’s the only way these people know how to put on the table. The effect that capitalism has in our modern society is substantial, with people abusing the system it creates a ripple effect on the middle and lower class.

In order for poor communities to get help that they deserve, something needs to be done so that they get the same resources and commodities that the upper class get. They need more jobs in order to get out of the gang life so the have other opportunities to provide for their family. Jobs also allow them to contribute to this capitalistic economy where they can contribute and build their infrastructure stronger within their community. Capitalism is bad for the poor urban communities.

Resources:

http://www.city-data.com/poverty/poverty-Chicago-Illinois.html

http://www.importanceofphilosophy.com/Bloody_ThePoorUnderCapitalism.html

http://www.worldsocialism.org/english/what-capitalism