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Karl Marx's three volume Capital: A Critique of Political Economy is widely regarded as one of the greatest written critiques of capitalism. [citation needed]Criticism of capitalism typically ranges from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety. [1]
While certain political ideologies, such as neoliberalism, assume and promote the view that the behavior that capitalism fosters in individuals is natural to humans, [2] anthropologist Richard Robbins opines that there is nothing natural about this behavior - people are not naturally dispossessed to accumulate wealth and driven by wage-labor. [3]
Its conception of human nature and human good overlooks the need for self-identity than which nothing is more essentially human." (p. 173, see especially sections 6 and 7). The consequence of this is held to be that "Marx and his followers have underestimated the importance of phenomena, such as religion and nationalism, which satisfy the need ...
CNN Opinion’s Bethany Cianciolo spoke with Ruchir Sharma about how capitalism has become increasingly distorted, and why true capitalism is still the best economic system.
Boiled down, Tim observes, two new books ask and seek to answer the same question: What went wrong?
He advocates a system of capitalism in which the government has a higher degree of control over the economy [6] and wariness towards the neo-liberal version of capitalism with minimal government involvement which he argues caused the 2008 financial crisis. [7]
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (2009) is a book by economists George Akerlof and Robert Shiller written to promote the understanding of the role played by emotions in influencing economic decision making. According to the authors, economists have tended to de-emphasize the ...
Bureaucracy puts us in an iron cage, which limits individual human freedom and potential instead of a "technological eutopia" that should set us free. [15] [17] It is the way of the institution, where we do not have a choice anymore. [18] Once capitalism came about, it was like a machine that you were being pulled into without an alternative ...