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How is it possible that capitalism is both oppressive and potentially liberating according to Karl Marx?
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according to Karl Marx capitalism is oppressive and and potentially liberating how is this possible?
Karl Marx believed that capitalism is oppressive because it exploits the working class and maintains social inequalities. However, he also believed that capitalism has the potential to be liberating in the sense that it can create the conditions for a more equal and just society by generating wealth and resources that could be collectively owned and managed by the workers.
According to Albert Barnes why was slavery wrong?
It was unjust, and cruel.
What does Kai Wong think about Capitalism?
According to interviews, Kai Wong thinks that Capitalism is not a sustainable type of economic system.
Why would Capitalism fall according to Marx?
Capitalism was self destructive. It allows exploitation of man and when they realise this he will revolt against the system!
What does E.K. Hunt argue are the features of capitalism?
free trade and price changing according to supply and demand
Which is a fundamental idea of laissez-faire capitalism?
Businesses should gain and lose according to their own efforts
What are some examples of crisis of capitalism according to marx?
---- = crisis of capitalism = (19th century- ) Prediction in Marxism of the collapse of capitalism. A species of catastrophe theory, envisaging that the inherent contradictions of the capitalist system will lead, through political conflict, to the collapse or overthrow of capitalism. Twentieth century versions of this theory see the crisis of capitalism as being a legitimacy crisis rather than a simple economic or political one ---- = crisis of capitalism = (19th century- ) Prediction in Marxism of the collapse of capitalism. A species of catastrophe theory, envisaging that the inherent contradictions of the capitalist system will lead, through political conflict, to the collapse or overthrow of capitalism. Twentieth century versions of this theory see the crisis of capitalism as being a legitimacy crisis rather than a simple economic or political one
Which of these factors motivated European imperialism in the 18th and 19th centuries?
Imperialism, according to most proponents of its causes, is the final stage of advanced capitalism. There was no advanced capitalism until the end of the 19th century. Even Adam Smith wrote about capitalism only in the late 18th century. Smith had no predictions on how capitalism might develop into imperialism.
What system combine both capitalism and socialism?
According to pure Marxist theory this is an impossible condition. Capitalism sets up the conditions for Communism, then Communism totally and completely automatically replaces Capitalism at the right historical time. This is a totally deterministic and inevitable transition that cannot be avoided anywhere in the world, according to Marx.
Which is not a feature of an ideal ruler according to Confucius?
According to Confucius, an ideal ruler should not be authoritarian or oppressive in their rule. Confucius emphasized the importance of benevolence, virtue, and righteousness in a ruler rather than relying solely on power and control.
According to Adam Smith the market was directed by who?
According to Adam Smith, the market was directed by an invisible hand. He described it as a natural phenomenon that guides free markets and capitalism through the competition for limited resources.
According to Weber which religion was a necessary condition for the development of capitalism?
Max Weber argued that Protestantism, particularly the Calvinist branch, was a necessary condition for the development of capitalism. He believed that the Calvinist emphasis on hard work, discipline, and frugality contributed to the growth of capitalist economies in Western Europe.
