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Capitalism

Capitalism is a political system characterized by private for-profit ownership of property and goods.

631 Questions

What was the role of primitive accumulation in the development of competitive capitalism?

created the external markets,availability of raw matials,ensue labours forces,capital for investers in trade and agricultures

What does industrial capitalism mean?

Industrial capitalism refers to an economic and social system in which trade, industry and capital are privately controlled and operated for a profit. In a capitalist system,income, production, distribution, investments pricing and supply of goods and commodities and services are determined by private decisions usually within the context of markets. In a capitalistic state, property is privately owned and this is protected by the rule of law of government. Thus in the rise of industrial capitalism, we are looking at starting of when individuals in a society started acquiring property privately.

Why has capitalism has prevailed?

Capitalism has prevailed over communism because it provides individual incentives. The harder you work, the more you can get for yourself. Where as in communism, the essential philosophy can be defined by the Marx quote: "To each according to his need, from each according to his ability". Meaning every person should get what they need and every person should do what they are able to do. There is absolutely no connection between work and the fulfillment of individual need. This causes people to become lazy and do the bare minimum because ambition is worthless in communism. The ambitious men of society are made equal to those who desire nothing more than average. In capitalism, those ambitious men lay the seeds of growth and expansion. They do this primarily because they have something to gain. The bottom line is, it is very hard for an entire population to work for a greater good when they personally see little to no benefit. Their lives thus become a subsistence existence and society cannot progress and must inevitably collapse.

What is the difference between communism and capitalism?

Preliminary: it is critical to note that communism and capitalism are not types of states, regimes, or governments. Communism and capitalism describe modes of economic organization, not political organization.

Answer: communism and capitalism are both economic modes of organization characterized by different relations of property and normative views.

In capitalism, socially-shared property is mostly held privately, interest is used from capital investment to fuel more investment, and social relations in production are mediated by wage-labour, where laborers contract out their time in return for financial compensation. Morally, capitalism (usually) combines with rights-based theories that emphasize freedom and equality of opportunity.

In communism, socially-shared property is held almost exclusively socially, usury is (usually) considered immoral, and social relations in production are mediated by open and equal individuals, since the means of living and development are provided socially. Morally, communism (usually) combines with moral theories that emphasize capacity (skill, ability, etc.) and equality of wealth.

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

What was Marx transistion from capitalism to communism?

Marx talked about the dictatorship of the proletariat as the transition between capitalism and Communism. This just meant the working class taking temporary control of the state and using it as part of the changeover to a classless society.

What are the differences between democracy capitalism and socialism?

They are unrelated to each other, Democracy is a form of government which is chosen by the people, Capitalism is the form of society which says that everybody earns for what he works for, Socialism is the point of view which says that the government meddles with the income and living of the people (ex: unemployed people who get a job from the government),also Captalism is why Americas great and socialisism is the first step to communism and then comes fachism(prbly spelt it wrong) hpope i helped

what id said is true

How did industrial capitalism change Indian lives in villages and cities?

Because of capitalism many industries came to the villages. Then many workers came there and started to work there and started to stay there. As a result many shops were came for them to purchase things. Then that city or village changed to big cities. Then there raised the problem of overpopulation, bad sanitation.

SO THE VILLAGES NOW CHANGED TO BIG CITIES BECAUSE OF INDUSTRIAL CAPITLISM

How is socialism different from capitalism?

Pure capitalism, of the kind taught by the late Milton Friedman at the Chicago school of economics holds that all markets, including natural resources and essential services like education,health, and utilities should be privately owned, are self correcting and must be free of all government regulation.

Proponents of socialism believe that essential services like these are collective responsbilities and should be run by the state ,as they are in most western democracies.The two ideas are not mutually exclusive. Many countries have free enterprise capitalism and can afford to make sure that all its citizens have their basic needs met. It works- a country's prosperity is very much related to the well-being of its people. It's what progressives call a mixed economy.

In what way do capitalism and socialism differ?

Capitalism allows for more freedom for businesses than socialism does

What caused Vladimir Lenin to argue that imperialism was not a policy?

Lenin argued that people should not speak of imperialism as a policy because the use of the term would imply that imperialism was something that gave capitalism a choice. Thus there was no science to it at all. Lenin argued that imperialism was a natural development that Marx had simply overlooked.

What was Karl Marx's solution to capitalism?

Karl Marx's view was that over the course of many decades capitalism would develop and mature and eventually it would become a burden to humanity in that it would no longer be viable as a system. When this time came, the working classes would organize politically and overthrow capitalism and establish a socialist state that will repress the former ruling class, the capitalists, and would rule on behalf of the working class and establish socialism. As time progressed socialism too would develop and eventually blossom in the shape of communism, a classless world without war, poverty and racism.

What is industrial capitalism?

A capital intensive industry is one that uses a lot of money to get started. Many business startups fail at this stage because not enough investment was made.

Is capitalism and communism the same and why?

No. Communism in the sense Marx, Engels, Lenin, Trotsky and others have meant it is in almost no way imaginable similar to capitalism, aside from the fact that both are better than the systems that came bfore them. Capitalism is better than feudalism and communism is better than capitalism. Communism in the sense most people mean it, Stalinism, has some more things in common with capitalism, both are very repressive and bureaucratic for example.

What actions supports the philosophy of capitalism?

Answer this question… A politician demands that the government eliminate regulations on how much pollution a business can create.

What is state capitalism?

State capitalism is when there is a free-market economy, but the government actively plays in the economy as an investor, manager, and organizer of various companies.