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<p><span style="">In a restricted sense, the term </span>'''<span style="">capitalism</span>'''<span style=""> describes an | <p><span style="">In a restricted sense, the term </span>'''<span style="">capitalism</span>'''<span style=""> describes an </span>'''<span style="">economic system based on private property </span>'''<span style="">and in which the means of production (land, raw materials, tools) do not belong to the owners or </span><span style="">producers. <ref>Fortier, Jean-François and Pizarro-Noel, François. <em>Sociology from A to Z</em> , 2013, ERPI, Montreal, 175p.</ref> </span><sup id="cite_ref-1" class="reference"></sup></p> | ||
<p><br>''<span style="">Characteristics from a sociological point of view include:</span>''</p> | <p><br>''<span style="">Characteristics of capitalism from a sociological point of view include:</span>''</p> | ||
#<span style="">Incessant search for profit through commercial exchange</span> | #<span style="">Incessant search for profit through commercial exchange</span> | ||
#<span style="">The separation of producers and the means of production</span> | #<span style="">The separation of producers and the means of production</span> | ||
#<span style="">The private (exclusive) and privative (depriving others) appropriation of wealth</span> | #<span style="">The private (exclusive) and privative (depriving others) appropriation of wealth</span> | ||
<span style=""></span> | |||
<span style=""></span>< | <span style="">Capitalism originated </span>in northwestern Europe between the sixteenth and nineteenth century, and expanded from this region to the rest of the world through colonialism and imperialism. <span>Capitalism's uncontrolled growth translates into </span>'''<span>an ever-increasing exploitation of people and nature. </span>'''<span style="">The many </span><span>social and environmental consequences</span><span style=""> of capitalism are discussed on the page: [[anti-capitalist]].</span><span style=""></span> | ||
<span style=""></span> | |||
<p><sup id="cite_ref-3" class="reference"></sup></p> | <p><sup id="cite_ref-3" class="reference"></sup></p> | ||
<span style=""></span><p><span style=""></span></p> | <span style=""></span><p><span style=""></span></p> | ||
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Revision as of 21:27, 19 October 2022
In a restricted sense, the term capitalism describes an economic system based on private property and in which the means of production (land, raw materials, tools) do not belong to the owners or producers. [1]
Characteristics of capitalism from a sociological point of view include:
- Incessant search for profit through commercial exchange
- The separation of producers and the means of production
- The private (exclusive) and privative (depriving others) appropriation of wealth
Capitalism originated in northwestern Europe between the sixteenth and nineteenth century, and expanded from this region to the rest of the world through colonialism and imperialism. Capitalism's uncontrolled growth translates into an ever-increasing exploitation of people and nature. The many social and environmental consequences of capitalism are discussed on the page: anti-capitalist.
If you have any suggested revisions or additional resources to share related to the above content, please email them to kenzie@lehub.ca.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
- ↑ Fortier, Jean-François and Pizarro-Noel, François. Sociology from A to Z , 2013, ERPI, Montreal, 175p.