The capitalist system must be overthrown because property is theft, labor produces all wealth, poverty is caused by the hoarding of wealth, it is inherently coercive and authoritarian, and brings out the worst in humanity. In its simplest terms, capitalism is when the means of production are primarily privately owned by wealthy business owners called capitalists. The term "means of production" simply means all that which is used to produce anything; e.g machines used for manufacturing, land, farming tools, technology, all forms of capital, etc. The primary alternative to capitalism is socialism, in which the workers collectively control the means of production. My intent with this essay is to clearly illustrate the flaws of capitalism and to prove that socialist revolution is urgently necessary.