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The Pros And Cons Of Unregulated Capitalism

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Unregulated capitalism is not beneficial for the US because workers were paid low wages. According to the Senator Leland Stanford interview May 4, 1887 it states “The great majority of mankind do not originate employments for themselves, They either have not the disposition, or the ability to so originate and direct their own employment.” This means that the workers had to work for the wealthy people and they don’t even get paid a lot for all of the hard work they have done.
Another negative aspect of unregulated capitalism is that a lot of companies are robber barons and trick their customers. According to the evolution of the robber baron article it states “He swoops down from his office by obtaining control of this or that railroad company.”
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