Capitalism (part 2)

After doing the assigned reading, my prior beliefs were at least partially affirmed. Like I said in my previous post, Capitalism is a market which is controlled by the private sector; ideally, the government has no hand in the matter. Also, capitalism is  a market in which what is produced is decided by the consumer. Although a business can produce whatever it wants,  it will not be successful if it produces a product that is not desired by the consumer (in theory). Although this system can be skewed. For example, some businesses are funded by the government, so they can produce goods which have no appeal to the consumer and not worry about going out of business. This system can also be taken advantage of by private parties, because in an open market such as this, private parties can obtain huge power, and form a monopoly over a product. In this case, the government might have to intervene. Overall, I believe that capitalism is a good system on paper, but if the government does not intervene, private parties can have too much control and take advantage of the system.