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...What is capitalism, really? Almost all definitions out there is based on hearsay or wishful thinking. Correct diagnosis of any problem is the first and the most important task in solving it. Any solution must address the root cau...
Capitalism is as dead as Adam Smith, famed author of economy novels.
...INTRODUCTION 5 21st CENTURY WEST, A QUICK SUMMARY 7 WHAT IS CAPITALISM (BANKERISM)? 11 Historical facts: Capitalism is Based on Private Bank Bailouts 15 Reactions To Neverending Bank Bailouts (2008-2016) By Capitalism Apologists 17 What Capitalism Is Not 18 What Capitalism Is: The...
... focusing on social and economic issues. The topics covered include graph distance and optimal communication, migration in Jaipur, urbanization, clan capitalism, world population growth rate, and scientific inquiry. These papers were written in the period between 2009-2010. Hopefully the readers will find some new insights in this collection of papers....
...blished tome "The Free-Market Innovation Machine - Analysing the Growth Miracle of Capitalism", William Baumol of Princeton University, concurs. He... ...ed - market discipline and business failure. They undermine the very fundaments of capitalism: prices as signals, transmission channels, risk and r... ...arket Innovation Machine", William Baumol of Princeton University claims that only capitalism guarantees growth through a steady flow of innovation... ... fortuitous and optional-becomes mandatory, a life-and- death matter for the firm." Capitalism makes sure that innovators are rewarded for their tim... ...t the market is wiser than any of its participants is a pillar of the philosophy of capitalism. In its pure form, the theory claims that markets yie... ...at markets yield patterns of merited distribution - i.e., reward and punish justly. Capitalism generate just deserts. Market failures - for instance... ...am Vaknin Also published by United Press International (UPI) In the catechism of capitalism, shares represent the part- ownership of an economic e... ...the prophetic Austrian-American economist, believed that socialism will disinherit capitalism. In "Capitalism, Socialism, and Democracy" he foresaw... ...talist Mentality": "Many people, and especially intellectuals, passionately loathe capitalism. In a society based on caste and status, the individu...
Critical analysis of the foundations and tenets of capitalism and of the dismal science - economics.
...A street speech in Guyana by Walter Rodney arguing against racial antagonism and explaining its role in the functioning of capitalism. Note: It is important to understand that the following comments were made specifically in the context of the Guyanese situation....
...anadian humourist Stephen Leacock was written while he was professor of political economy at McGill University. He argues for a middle ground between capitalism and pure socialism. Listeners in the early 21st century may find this 90-year old essay oddly topical. (Summary by Sean Michael Hogan)...
...– The Competing Alliances II. The War in Iraq III. How the West Lost the East IV. Left and Right in a Divided Europe V. Forward to the Past – Capitalism in Post-Communist Europe VI. Transition in Context VII. Eastern Advantages VIII. Europe’s Four Speeds IX. Switching Empires X. Europe’s Agricultural Revolution XI. Winning the European CAP XII. Histor...
... liberal perspective on politics. In the second chapter, i.e. Philosophy | Politics, I have discussed varied topics like Lokpal, Elections, Violence, Capitalism, Anarchism, Cash Transfers, Maoists, and Gandhism, with a liberal perspective. Finally, in a chapter entitled Philosophy | Relationships, I have plunged into a controversial arena of man-woman relationship. Thou...
...In this work, Kropotkin points out what he considers to be the fallacies of the economic systems of feudalism and capitalism, and how he believes they create poverty and scarcity while promoting privilege. He goes on to propose a more decentralised economic system based on mutual aid and voluntary cooperation, asserting that the tendenci...
...hort collection of his talks and writings in this period, first published in 1888, covering such topics as what socialism and work should be, and how capitalism and waste developed. (Summary by Deborah Brabyn)...
...my_ which was the standard Anglo-American Economics textbook of the late 19th and early 20th centuries. Mill’s economic theory moved from free market capitalism, to government intervention within the precepts of Utilitarianism, and finally to Socialism. [Summary written by the reader]...
... 15. Capitalists‘ Link to Ink Printers become ―carriers of a spirit of capitalism‖ simply because they were capitalists themselves. 16. Shapin... ... include the following: ―Water monkeys.‖ 2 The ―goldsmith sire of capitalism.‖ Fearsome Mongol warriors playing a positive role in the ris... ...the Orient stimulated Western desires for luxuries and opened the door to capitalism. Summarizing the role of the Mongols, H.G. Wells may have sai... ... the archbishop‘s court. ). It‘s ironic, but this goldsmith sire of capitalism lacked even a modicum of good financial sense. His shortcom... ...15 Quite simply, Gutenberg’s invention burst open the door to industrial capitalism. Capitalism‘s Link to Ink Printing‘s other historic roles te... ...-mentioned print innovations that helped push open the door to industrial capitalism: First example of ―mass production.‖ First use of metal... ...diting Gutenberg for that or for ―mass production.‖ Agents of change to capitalism? I‘d been delving into printing‘s historic role as an agent o... ...efore I came across the suggestion that pioneer printers initiated modern capitalism. The closer I examined that idea, the more sense it made. Les... ...ans and scholars, many of them monks, became immersed in a new culture of capitalism when they took their texts to print shops. Meanwhile, printers‘ ...
...ipt to print amplifies, reinforces, and disseminates the power of knowledge. -- 15. Capitalists‘ Link to Ink-Printers become ?carriers of a spirit of capitalism? simply because they were capitalists themselves. -- 16. Shaping the English Language-William Caxton’s print shop helps standardize The Treasure of Our Tongue, and Henry VIII’s first act as ?pope? orders and then f...
...lways greater than g (the growth of the real economy), thus enriching the rich; and (2) that inherited wealth tends to create a "patrimonial" form of capitalism, akin to the aristocracy in the French and British ancient regimes. Putting aside the somewhat artificial and dubious distinction between the "real" and the financial economy, r and g are apples and oranges and...
...“Now I have said again and again (and I shall continue to say again and again on all the most inappropriate occasions) that we must hit Capitalism, and hit it hard, for the plain and definite reason that it is growing stronger. Most of the excuses which serve the capitalists as masks are, of course, the excuses of hypocrites. They lie when they claim philanth...
...n form of the Labour Theory of Value, which distinguishes “labour” from “labour-power”, and the Theory of Concentration of Capital, which states that capitalism tends towards the creation of monopolies and the disenfranchisement of the middle and working classes. These theories were later elaborated in Volume 1 of Capital, published in 1867. This edition of Wage-Labour and...
...Brooks Adams (1848- 1927), was an American historian and a critic of capitalism. He believed that commercial civilizations rise and fall in predictable cycles. First, masses of people draw together in large population centers and engage in commercial activities. As their desire for wealth grow...
...she works. In exchange, she agrees to visit his munitions factory. The conflict between Barbara's philanthropic idealism and her father's hard-headed capitalism clash when he decides he wants to fund the Salvation Army. Shaw's comedy, as always, delves into political and social issues of the period, and provides a roster of finely- and humorously-drawn characters. (Summary...