Search results
Results from the WOW.Com Content Network
Modern capitalist societies center the concept of means-end rationality, also referred to as instrumental rationality and formal rationality, [15] and its inherent association with domination over nature, so as to manipulate it to suit material needs, and human beings, so as to organize and discipline them in their control over nature.
Contemporary capitalist societies developed in the West from 1950 to the present and this type of system continues throughout the world—relevant examples started in the United States after the 1950s, France after the 1960s, Spain after the 1970s, Poland after 2015, and others.
The culture of capitalism or capitalist culture is the set of social practices, social norms, values and patterns of behavior that are attributed to the capitalist economic system in a capitalist society. Capitalist culture promotes the accumulation of capital and the sale of commodities, where individuals are primarily defined by their ...
[62] [63] Economist Radhika Desai, while concurring that 1914 was the peak of the capitalist system, argues that the neoliberal reforms that were intended to restore capitalism to its primacy have instead bequeathed to the world increased inequalities, divided societies, economic crises and misery and a lack of meaningful politics, along with ...
Preamble: "In the belief of our pursuit of freedom, socialism and democracy to achieve the society of sufficiency, justice and equality". [97] / Syria: Syrian Arab Republic: 8 March 1963 27 February 2012 48 years, 356 days Section 1, Article 8: "The leading party in the society and the state is the Socialist Arab Ba'ath Party. It leads a ...
Democratic capitalism, also referred to as market democracy, is a political and economic system that integrates resource allocation by marginal productivity (synonymous with free-market capitalism), with policies of resource allocation by social entitlement. [1]
In socialist economies, a central body — the government — owns and controls the society’s assets, firms and resources, and distributes them to the population as it sees fit.
The term "late capitalism" (Spätkapitalismus) was first used by Werner Sombart in his magnum opus Der Moderne Kapitalismus, which was published from 1902 through 1927, and subsequent writings; Sombart divided capitalism into different stages: (1) proto-capitalist society from the early middle ages up to 1500 AD, (2) early capitalism in 1500–1800, (3) the heyday of capitalism ...