Capitalism

I just learned this. Communists wanted to spread communism. And russias army was scary. USA was like screw that, we're not going to bow to anybody. NUKES. But russia responds quickly, and because they have a single party communist government at the time which pretty much means no elections, they have exellent spys. So Russia discovers the nuke tech. from the USA then the cold war is on. Not helped by the cultural revolution in China; USA backed the side that lost. Basically the communists won.

It was NOT the Industrial Revolution, it was the Commercial Revolution.

In a capitalist system, the means of production are privately owned and operated. Over time, this results in resources being controlled mainly by large corporations and conglomerates. Capitalism is driven by profit motive, so in a capitalist system, the allocation of resources is decided based on making money according to supply and demand.

In a socialist based economy, the means of production are publicly-owned, meaning resources would be allocated according to the needs of the people by a governing body.

No. Communist don't have much power.

Capitalism has not managed to take hold any where yet. The united states likes to put itself forward as a capitalist country, however the USA is a mixed economy where the government still pulls the strings and passes laws that interfere with the free flow of business. This they do to protect the so called common good, which is all very nice but it is socialism. Capitalism puts the accrual of wealth above all else and it has just not reached that point any where in the world. The Economic crisis bail out proves that the world is run on a collective socialist basis's. By people that are just plain dishonest.

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The two most important aspects of capitalism would first be the private ownership of the means of production. That is, land, factories, etc. are not owned by everyone but are owned by a few, the capitalists. The workers must try to sell their labour power to the capitalists in order to survive. Secondly, the driving force of capitalism is the accumulation of capital for the sake of the further accumulation of capital. It must grow and expand at whatever cost, otherwise a crisis will promptly follow.

Austria is predominantly capitalist, but has numerous socialist aspects to its economy.

Capitalism really started to develop in Europe in the early-mid 1800's, but the seeds of modern capitalism could be seen as far back as the 14 and 1500's.

KARL MARX had the view that history was inexorably trending to communism and that capitalism would improve to socialism and socialism would improve to communism.

Sure capitalism is based on a set of ideas = ideology. The main IDEAS behind capitalism are the closely connected 'inflation' and 'infinite growth'

Communists are somewhat Lockean in their idea of production at least Marx was. They believe that mixing your labor with something makes it yours in a sense. However capitalists are those that make money off of others' labor. They merely own the means of production and take their living from the surplus value of the labor they hire. This is a very crude answer to your question, but I hope it points you in the right direction as to why communists have moral issues with capitalism.

This is a pointer to a possible answer...not an answer. There was an Englishman in the 1800's who'd written a treatise on the subject and I'm at a loss to specific details as it's been over 40 years since I've read it.

That being said, his description of the stages of capitalism went something like this:

Initially people barter with their personal production. Next craftsmen evolve who create more complex and desirable products which are sold and form the basis for the first businesses. Then partnerships/guilds/cooperatives are created to create more complex products or more geographically dispersed distribution of products. These evolve into corporations specifically to allow an increase in wealth/size to the producers in exchange for shared ownership. The natural direction for corporations, in their mandate to grow and increase wealth is to form oligarchies, with the ultimate goal (if unfettered) of becoming a monopoly.

Stalin was in fact the dictatorial ruler of the state capitalist USSR.

Pure Capitalism consists of three pillars of ideas.

Private ownerships.

A Price System.

Competition.

Pure Capitalism has no or close to no government control, it is controlled by the people, for the people.

Capitalism. Any system in which the means of production are privatley owned and controlled by a few and the fundamental goal is the accumulation of more and more wealth for the sake of further accumulation, is capitalist despite anything else.

marxism

Capitalism is an economic system where goods and services are produced for sale at a profit; the vast majority have to work for wages; a tiny minority own the means of production and exploit those who produce the wealth.

Laissez faire is a French term meaning "allow to do." In economic terms this refers to the absence of government regulation of financial transactions.

what do you mean by sorters

That everybody is free to take their own way in life and free to choose what they want.

When most people hear the word ``fascism,'' they naturally think of its ugly racism and anti-Semitism as practiced by the totalitarian regimes of Mussolini and Hitler. But there was also an economic policy component of fascism, known in Europe during the 1920s and '30s as ``corporatism,'' that was an essential ingredient of economic totalitarianism as practiced by Mussolini and Hitler. So-called corporatism was adopted in Italy and Germany during the l930s and was held up as a ``model'' by quite a few intellectuals and policy makers in the United States and Europe. A version of economic fascism was in fact adopted in the United States in the 1930s and survives to this day. In the United States these policies were not called ``fascism'' but ``planned capitalism.'' The word fascism may no longer be politically acceptable, but its synonym, ``industrial policy,'' is as popular as ever.

Adam Smith is called the father of Economics becasue he was one of the first people during his time to theorize economic theory