Search results
Results from the WOW.Com Content Network
Capitalism has long been heralded by many economists as the best economic system around, rewarding — and therefore encouraging — competition and innovation, creating wealth, stimulating growth ...
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]
The Three Worlds of Welfare Capitalism is a book on political theory written by Danish sociologist Gøsta Esping-Andersen, published in 1990. The work is Esping-Andersen's most influential and highly cited work, outlining three main types of welfare states , in which modern developed capitalist nations cluster.
Finance capitalism is the subordination of processes of production to the accumulation of money profits in a financial system. In their critique of capitalism, Marxism and Leninism both emphasise the role of finance capital as the determining and ruling-class interest in capitalist society, particularly in the latter stages. [148] [149]
When former White House press secretary Sean Spicer accused her of "using capitalism to push socialism" in a tweet, she tweeted back the same definition of capitalism that she used with Yahoo Finance.
Radical criminology fails to take into account the many varied causes and reasons for crime. Therefore, it also can't explain the relatively low crime rates in some capitalist countries when compared to others. If class conflict was the only cause of crime than all capitalist countries should have relatively the same crime rates.
Peacott states that "individualists, both past and present, agree with the communist anarchists that present-day capitalism is based on economic coercion, not on voluntary contract. Rent and interest are the mainstays of modern capitalism and are protected and enforced by the state. Without these two unjust institutions, capitalism could not ...
Thus the concept of capitalism is rooted in an idea of human nature being inherently self-interested and the value of goods and services are derived from labor. [citation needed] Karl Marx critiqued capitalism by analyzing the division of labor in Europe from an historical perspective. He argued that people's human nature, more specifically ...