, SUS1501 Assignment 8 Semester 2 2025 – DUE 14 October 2025;
100% CORRECT AND TRUSTED SOLUTIONS
SUS1501 Portfolio – Questions & Reflection
Question 1: “We are witnessing the end of capitalism.” – Agree or
disagree?
I agree that we are witnessing the slow transformation, if not the end, of
traditional capitalism. Capitalism as we know it — a system driven by
profit maximization, private ownership, and competition — has created
enormous wealth but also deep inequality, environmental degradation,
and social instability. Modern societies are now questioning these
outcomes and shifting towards more sustainable, socially responsible
economic models. For example, the rise of circular economies,
renewable energy investments, and social enterprises show that profit
alone is no longer the main priority. Global challenges such as climate
change and inequality require collective action and cooperation, which
capitalism alone struggles to address. While capitalism may not
disappear entirely, it is evolving into a hybrid system that integrates
ethical, social, and environmental considerations into business decisions.
This change reflects a growing awareness that unlimited profit without
responsibility is unsustainable in the 21st century.
Question 2: “The wealth of a few has increased while the majority
remain poor.” – Agree or disagree?
I strongly agree with this statement. One of the defining features of
modern capitalism is the growing gap between the rich and the poor.
According to global inequality data, the wealthiest 1% of the population
owns more wealth than the bottom 50% combined. This concentration of
wealth has been accelerated by globalization, financialization, and
100% CORRECT AND TRUSTED SOLUTIONS
SUS1501 Portfolio – Questions & Reflection
Question 1: “We are witnessing the end of capitalism.” – Agree or
disagree?
I agree that we are witnessing the slow transformation, if not the end, of
traditional capitalism. Capitalism as we know it — a system driven by
profit maximization, private ownership, and competition — has created
enormous wealth but also deep inequality, environmental degradation,
and social instability. Modern societies are now questioning these
outcomes and shifting towards more sustainable, socially responsible
economic models. For example, the rise of circular economies,
renewable energy investments, and social enterprises show that profit
alone is no longer the main priority. Global challenges such as climate
change and inequality require collective action and cooperation, which
capitalism alone struggles to address. While capitalism may not
disappear entirely, it is evolving into a hybrid system that integrates
ethical, social, and environmental considerations into business decisions.
This change reflects a growing awareness that unlimited profit without
responsibility is unsustainable in the 21st century.
Question 2: “The wealth of a few has increased while the majority
remain poor.” – Agree or disagree?
I strongly agree with this statement. One of the defining features of
modern capitalism is the growing gap between the rich and the poor.
According to global inequality data, the wealthiest 1% of the population
owns more wealth than the bottom 50% combined. This concentration of
wealth has been accelerated by globalization, financialization, and
