Capitalism: Difference between revisions
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#<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> | ||
<p><br><span style="">The many </span>'''<span style="">social and environmental consequences</span>'''<span style=""> of capitalism are discussed on the page | <p><br><span style="">The many </span>'''<span style="">social and environmental consequences</span>'''<span style=""> of capitalism are discussed on the page: [[anti-capitalist]].</span><span style=""></span></p> | ||
<span style=""></span><p><span style="">“</span>''<span style="">We are witnessing an explosive growth in the creation of financial wealth, increasingly disconnected from real production, and immense pressure from financial investors on companies to provide increased profitability."</span>''<sup class="reference"></sup></p> | <span style=""></span><p><span style="">“</span>''<span style="">We are witnessing an explosive growth in the creation of financial wealth, increasingly disconnected from real production, and immense pressure from financial investors on companies to provide increased profitability."</span>''<sup class="reference"></sup></p> | ||
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<span style=""></span><p><span style=""></span></p> | <span style=""></span><p><span style=""></span></p> | ||
<p><span style="">This uncontrolled growth translates into </span>'''<span style="">an ever-increasing exploitation of people and nature.</span>'''</p> | <p><span style="">This uncontrolled growth translates into </span>'''<span style="">an ever-increasing exploitation of people and nature.</span>'''</p> | ||
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Revision as of 20:31, 23 August 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 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
The many social and environmental consequences of capitalism are discussed on the page: anti-capitalist.
“We are witnessing an explosive growth in the creation of financial wealth, increasingly disconnected from real production, and immense pressure from financial investors on companies to provide increased profitability."
This uncontrolled growth translates into an ever-increasing exploitation of people and nature.
If you have any suggested revisions or additional resources to share related to the above content, please email them to kenzie@lehub.ca.
- ↑ Fortier, Jean-François and Pizarro-Noel, François. Sociology from A to Z , 2013, ERPI, Montreal, 175p.