• 
• 1 answer

Capitalism was not so much introduced as it was an emergent phenomenon beginning some time in the 16th century during the commercial revolution, when the accumulation of capital and business enterprise were starting to become widespread. Historians and economists usually agree that capitalism was fully introduced by the early 18th century during the Industrial Revolution, which is when wage-based labor replaced fuedal labor and guild organization and production.

The economist Adam Smith wrote his famous book entitled "An Inquiry into the Causes and Wealth of Nations" in 1776 which championed free markets and criticized mercantilist policies. Adam Smith is generally credited to be the founder of modern economics and one of the first philosophers to advocate free market capitalism (but it should be noted that Adam Smith did not use the term "capitalism").

• 
• 1 answer

Capitalism evolved out of feudalism during the black death in Europe because 2/3 of the population had succumbed to death labor was worth a lot more so serfs would hire themselves out to lords.

• 
• 1 answer

• 
• 1 answer

• 
• 1 answer

• 
• 1 answer

• 
• 1 answer

Capitalism was a nice theory and had some convincing propaganda thrown on it. I find most people like capitalism either because they are rich or privileged or think it gives them some kid of independence. This is silly of course since the working man is taken advantage of and there are other ways to get what you earn, except for real.

To supporters it is also a repercussion of the failure of socialism (which was capitalist socialism -mind you) Many capitalists seem to think that anyone opposed to capitalism is a communist or socialist and want to be enslaved. Also false.

But in my opinion, anyone with even a small amount of knowledge on reality and not just book smarts will realize the capitalist system is a sham.

• 
• 1 answer

The major features of modern political thought are nation state,secularism,state sovereignty,democracy,nationalism,capitalism,socialism,liberalism and so on.

• 
• 1 answer

Capital H - i - m means "Him" which refers to a higher power such as God, turning this regular pronoun into a proper noun to give it significance.

• 
• 1 answer

Factors of production is labor land capital entrepreneurship and technology and hence is owned by everyone (including citizens and government) of any company.

• 
• 1 answer

Inseparably connected, if you mean by modernity the current state of society.

• 
• 1 answer

Because there to many mexicansbeeners in America freaking tapitio drinnkers. Why cant Mexicans play uno cause they always steal the green card.

• 
• 1 answer

* higher taxes allow for higher production of consumer goods

Capitalism is an economy in which the entire economy is left in private hands. The government's sole task is only to provide a safe legal framework in which capitalism can operate safely without fear of fraud etc...

Producers compete to see who can have the best and cheapest product in order to survive economically. This means the consumer will be given cheaper and better products.

People have to work hard in order to survive (as opposed to socialism and welfare states) keeping everyone working hard.

Innovators and inventors can take advantage of the free market to make a profit. This makes capitalism countries the primary sources of innovation and new technology.

If people work harder, they can make greater profit and improve themselves. (human nature). Therefore, people work hard. By contrast, in socialist states where the money is taken by the government for distribution, there is little urge for economic betterment and hard work because no matter how hard you work, you always make the same.

If capitalism is not followed, many disadvantages will come about. Example: The U.S. The more money that the United States taxes from the taxpayers and businesses and pours into social programs (aka wellfare), the less will be the taxpayers desire to work hard as his ability to obtain economic betterment is eliminated. The wellfare recipients will loose the push to work created by potential starvation and continue to not work (don't blame them, there's no reason to). Eventually more and more taxpayers will stop working and stop paying taxes in order to join the welfare recipients in order to live with no work. This has and will cause nearly all of the U.S.'s economic troubles.

~M. Hall

• 
• 1 answer

There are a number of ways. The most common way is through economic collapse and poverty, which is mostly how it came into being in the former Soviet Union.

Communism offers itself as a solution to poverty by forming a classless society in which everyone is supposedly entitled to the same level of basic and austere lifestyle, which is not much better than poverty, and sometimes much worse. Since large central government runs everything, the people are dependent on them, regardless of how corrupt or apathetic they are towards their citizens.

Prior to Hitler taking control of Germany after his election in 1933, the communists were making a lot of progress, and nearly had a shot at getting control of Germany before Hitler did. At the time, Germany was wracked with severe economic collapse and inflation, poverty, starvation and more.

Today, we have an entire generation of Americans who have not been taught American history, know little or nothing about the history of their own nation, and the long march that got us to where we are. These uneducated masses easily swallow whatever false swill that their contemporaries and the media feeds to them without question. Now they are trying to sell this younger generation on the idea of socialism/communism (without coming right out and saying it, of course.)

There is no arguing this. It is the truth. Redistribution of wealth IS communism or socialism waiting in the wings. Rather than taking responsibility for their own condition and striving for a better living, many are content to accept being told that they are "victims" or have been "oppressed" in spite of the fact that they have a much higher standard of living than most of the world population, and developing a sense of entitlement. This is another way that communism can replace capitalism.

• 
• 1 answer

Karl Marx believed that capitalism through industrialization had increased the productive capability of the world's economy far beyond that ever witnessed before. Nevertheless, he also felt that capitalism created two competing classes of people. One, was the bourgeoisie who owned and controlled the means of production and hired wage laborers. The other was the proletariat, who were common workers who owned nothing but the right to sell their own labor. Capitalism's very nature would ensure that eventually, these classes would struggle against one another to the point where the class of workers would get large enough and oppressed enough that it would overthrow the bourgeoisie, seize the means of production from it and end the economic system known as capitalism. The system of socialism would be ushered in and gradually evolve into pure communism.

• 
• 1 answer

• 
• 1 answer

businesses

• 
• 1 answer

capitalists rule by the power of money, old fashion imperialism goes by the golden rule, whoever has the gold, rules or "you do what I tell you to do, you believe what I tell you to believe"

• 
• 1 answer

when your state buys less imported, foreign goods and instead utilizes your own goods

• 
• 4 answers

Revolution

• 
• 
• 3 answers

They had a right to gain wealth and power.

• 
• 1 answer

• 
• 1 answer

The countries that still have socialism is Sweden and Canada.

Edit:

While both Sweden and Canada have socialist aspects within their forms of government, so many other countries have more obvious aspects or socialism as part of their governmental structure.

All Scandinavian countries work withing a social democratic frame, much like Sweden, which means that despite capitalist opportunities, they have a strong welfare system, providing a safety net for people who are out of a job. As the third pillar of said social structure, these countries have policies to ensure that no one can exploit the system, and people are required to actively seek employment if they're healthy and otherwise able to work.

Actual socialist states, with very scarce (if any) capitalist aspects include North Korea and Cuba. These countries are normally considered Communist, and while this is the common assumption, no actual communist country (as described by Karl Marx) has yet existed, and the countries which have claimed to be communist are in fact socialist countries with emphasis on government control.

Given that no modern national government is a "pure" anything, all nations have some set of laws which are Socialist in nature. For example: the United State's Social Security system is extremely socialist. The U.K.'s National Health is also socialist. France's worker rights laws are socialist. Germany's national conscription laws are socialist.

Everything is in degrees - it's not a black or white issue.

• 
• 1 answer

• 
• 2 answers

It depends on whether this question is intended as a philosophical question or a question of geopolitics during the Cold War.

Philosophical Question: What makes the ideas of Communism and Capitalism incompatible to the degree that their supporters harbor deep enmity for the supporters of the rival idea?

Capitalism and communism as economic theories are about determining the best way to promote human flourishing. Capitalism argues that allowing humans the freedom to pursue their own economic self-interest allows them to maximize wealth and lead to prosperity. Communism argues that governments should determine the direction of the economy to prevent overproduction, exploitation, and wealth inequality. These are two mutually incompatible belief systems about how to create and maintain a well-functioning economy.

Furthermore, the nexus of disagreement usually hinges on moral issues. Capitalists argue that communists want to force people to work in jobs and purchase goods that they do not want to do, violating their basic freedoms. Communists argue that capitalists want to force the majority of the population to be exploited by wealthy and to be deceived about their exploitation, violating their rights and human decency. When the debate is couched in these moral terms, people become more passionate and more likely angered. This can lead the enmity so often expressed between the supporters of one ideology for the supporters of the other.

Geopolitics: Why couldn't the United States and its allies and the Soviet Union and its allies exist in true peace and harmony?

Both the United States and the Soviet Union were attempting to expand their influence, their economics, and the political ideals across the world. These ambitions were mutually exclusive as they required the support of different regimes and styles of governance.