Capitalism

Marx had an idea of what will happen will capitalism

1.Workers get tired of their working conditions and refuse to work

2. workers will revolt and take control of the factories

3. Continue to produce goods, but everyone gets a fair share of pay

4. Everyone gets paid the same

5. no more need for government

The attempt to modify capitalist economy occurred in China. "It does not matter if cat is black of white, so long as it catches mices." Deng Xiaoping

Freedom, Private Property, Profit Motive, Competition, and Consumer Sovereignty.

Adam Smith

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.

When you buy a plant or equipment, it will lose value over time - it's breaking down or it's not as efficient or the such; this gradual decline in worth of the capital is depreciation.

Democracy is associated with Capitalism because the democratic political system as it is practiced in the United States and most of the rest of the world allows every citizen to make and keep as much money as they can, as long as it's done within the law. United States was the first democratic country in modern history, and it also has gotten rich by embracing capitalism. Many people emigrated to the USA to make a good living, or to take a shot at earning a fortune while the rest of the world was still ruled by monarchies or divided by wars. The influence of the USA made the association between Democracy and Capitalism stronger.

Getting rich is by no means the only right and freedom you have in a democratic country, but it is made even more significant because of the former Soviet Union. From the end of World War II until its collapse 20 years ago, the Soviet Union was the only country in the world that by itself could stand up to the military and political power of the USA. The Soviet Union was neither democratic, nor a capitalist country. Its political system was mostly based on the writings of Karl Marx, the father of Communism. He basically spoke about taking power and money away from the rich, and distributing it equally between everyone. In the Soviet Union, everyone essentially worked for the government, and as far as official wages went, a doctor did not make much more money than a factory worker. Under the Soviet communist system, regular citizens did not vote either. The supreme leader was appointed by the communist party.

The cold war between the two super powers made the democracy/ capitalism/ communism debate very hot, but for the purpose of answering your question, and as you know it, Communism lost for many reasons, but one big one being that is it offered no rewards to individuals for their efforts. If you're growing up in a communist country, and see a doctor earning as much as a factory worker, how motivated will you be to work your butt off in school to become a doctor.

The US government primarily serves as a regulator of businesses and an arbitrator between business disputes.

Which is the BEST description of the impact of capitalism and industrialization on the American public during the Gilded Age?

A)

B)

C)

D)

karl marx was a observer of capitalism he was not against it despite everything he disliked about it. Contrary to propaganda the manifesto with marx heavily influenced by blanqui... later anounced at the communist national in 1850 that capitalism was a PERMANENT REVOLUTION. Marxist beleive that in order to have a socialism or communism you had to have a highly developed technologically advanced free trade capitalism first. remember communism is a self regulating classless society after all classes cease to exist a economic production=consumption.

Mixed capitalism simply means a combination of free market and command capitalism. It is synonymous to a "mixed economy".

Mixed Capitalism provides both a private sector and a public sector, in which the government provides some services and goods, and the private sector provides most goods and services. It is a mixture of laissez faire capitalism and pure socialism.

Movements that promote a mixed economy, such as Social Democrats or Third Way advocates, or other members of the centre left, seek a society that provides both nationalized services and privatized services.

yes yes

Classical capitalism is defined by the book "The Wealth Of Nations" by Adam Smith.

In truth, there aren't many derogatory names for a capitalist, because so many people think that "capitalist" itself is derogatory. The only one that comes to mind for me is: robber baron

West Germany remained capitalist when East Germany was part of the Soviet Union, and therefore communist.

government control of business-D. Roe

cost benefit analysis maybe regarded as the systematic thinking about relevant decision making is this approach not relevant to making decisions about the things valued very highly or that have infinite value such as life or health?

you use capitalization at the beginning of sentences, the letter I, proper nouns, titles, and names.

Yes, capitalism is an economic system which is based on private ownership. The basis of capitalism is that goods and services are created for profit.

There are many different types of capitalism, the main differences occuring in the amount of control the government has over the market and the level of private ownership.

For example, free-market capitalism is when supply and demand are allowed to influence each other until an equilibrium is found without influence from the government. In this case, productive enterprises are privately owned.

Capitalism as an economic system breeds greed. Individually, most people reject greed but as capitalism is a system that values individualism and "getting ahead" and as it is a system that must grow at whatever cost, it engenders greed.

The province of Alberta, Canada presently is enjoying great prosperity as a result of the capitalist exploitation of the tar sands. Prosperity is good for people's standard of living. Unemployment is very low. People have money.

The economic system where operations are funded by profit and where production and distribution are corporately or privately owned is capitalism. Examples of countries that use capitalism include the United States, United Kingdom, Canada, Japan, Denmark, and Australia.

Actually, I believe you mean "exploitive". My answer is no. There is crony capitalism that ruins the lives of true capitalists that work hard to earn an honest living. Crony and corpratist capitalism exploits the lives of people by creating an artificial economy ultimately, which consists of economic planning, hyperinlflation, corporate lobbying, and other corporate-government conjoining programs. This is how the rich-poor divides get larger. See Keynesian Theory. Real capitalism has always, in my opinion, been an excellent system that allows people to live their lives, earn a living, work out their own problems, and ultimately make their own decisions - without any government intervention or interference.

Early capitalist economists argued that supply-and-demand pricing worked better without any regulation or control. Their model of perfect competition was marked by absolute freedom of trade, widespread knowledge of market conditions, easy access of buyers to sellers, and the absence of all action restraining trade by agencies of the state. Under such conditions no single buyer or seller could materially affect the market price of an item. After 1850, practical limitations to competition became evident as industrial and commercial combinations and trade unions arose to hamper it.

Via competition. Consider this: you and your competitor produce the same, say spoons, and sell them at the same price. As you gain some profit, you can invest it back into production and buy new machinery, new technology or even develop new technology that will make your spoons X% cheaper and Y% better. If you don't update your production, you will be very soon swept away from market. And if you update your production all your previous machinery / technology is just throw away, because it already obsolete and noone needs it. That is contrary to socialistic approach, where every machine would work (produce) until it is physically broken and is replaced only then. There is a good example in IT - if all you do with your computer is ONLY typing a book, you hardly use 086 or even Pentium processor, though you could 20 years ago. Processors themselves did not loose any abilities, only you lost the ability to use them. The reason for it is that computers were "capitalistically encouraged".