flaws of capitalism: sometimes eccentric things happen smoothly

We are living in a capitalist world, where, except a few communist countries, we see ownership of property, entrepreneurship, and interest on money as positive aspects of economy that allows all people benefit by providing goods and services for others in pursuit of their own desires.

Ownership of property and interest on money are what facilitate entrepreneurship, and entrepreneurship is what facilitates creativity.

Basically, we think of a state of perfect competition, where if all the factors remain equal, the higher the demand for a good, the higher the price. In other words, the more people buy of a good, there is going to be less quantity available in the market so we expect a rise in prices. Looking at it in this way, we can say that consumers themselves are those who, by their choices, determine the prices.
But another factor which is less mentioned and is effective in determining the choices of consumers, is businesses pursuing their needs, not by meeting the general demands of people, instead, by creating needs in people and then running their business on that.

Winston Churchill

Here you might be thinking, aren't those the foundations of microeconomics ? or aren't the advertising good for businesses by encouraging consumers ?

Yes, perusing your own interests is a foundation of microeconomics but there are some rules and limits. If harming others is your interest, then what is happening is a criminal activity, not an economic one.

While I don't deny all the good qualities of this system of capitalism, I would like you to know that in such a situation it's quite natural to find that :

• There is a high amount of caffeine in your soft drinks to get you addicted to it
• All the benefits of drinking a lot of water for your health were lies
• You come across many stories on the web that may touch your heart, but are totally made up. They have interesting topics and can attract many visitors just by their title, so no wonder why they do this
• and so forth ...

In the above examples, you can see that the producers choose to use unfair ways to get consumers buy their products again and again, rather than being valued for their actual taste and quality.

The second example is about all the myths being told over and over again about how good could water be for your health. Not just in websites and social media, I have seen many people who believe in this. I even had teacher who used to say drinking water during exam can improve your performance. If you do a quick search about benefits of water in the web, you encounter titles like "12 Unexpected Reasons to Drink More Water", "34 Proven Ways Water Makes You Awesome" and "10 Life-Changing Reasons to Drink More Water". Do we really need to drink 8 glasses of water in a day ?

Water is good for preventing dehydration, but there is not magical and unexpected changes. Researches show that there is no scientific reason behind all the promised benefits of drinking a lot of water. On the other hand, they were published for the first time by magazines sponsored by bottled water companies.

Can we say "walking 30 minutes a day is good for health" is also a wrong statement and was published to promote walking shoes companies? No. Not everything works in that way.Instead, You can just take a look at how ridiculous advertisements are. For example promising that by using a particular hair gel or deodorant you will be extraordinarily attractive to the opposite sex. When these promises are not at all possible, the advertisers can use this strategy only by considering consumers as brainless ignorants.

And finally, in the third example we see that they don't feel responsible whatsoever for the negative impact of their job. The same thing is happening in social networking sites like Facebook, where pages encourage you to like, comment and share their post only to be seen by more people and increase their page likes.

The discussed imperfections of capitalism will open the door to monopoly for the giant companies to ensure their unjust position. They are against rights of consumers that prevent a win-win outcome. However, let me elucidate it here, that the only solution that comes to my mind right now is to emphasize on consumer awareness. Maybe I write about it later.