About For Books Saving Capitalism from the Capitalists: World Capitalism and Global History
- 4 years ago
https://micin-seller.blogspot.co.uk/?book=935150056X
From the IntroductionGlobalisation and capitalism are considered as twin brothers. This is dangerous as it may lead to the loss of the achievements of capitalism: competition and equality and the removal of politically acquired privilege. Capitalism has many aspects which are dealt with in this contribution. One characteristic often highlighted in the critique and the praise of capitalism does not belong to capitalism. This is the tendency towards ?unlimited accumulation?. Capital accumulation, and especially unlimited capital accumulation, is only superficially a goal in capitalism. It is only an instrument. Capitalists have to compete for the accumulation of capital. But they can accumulate only in so far as they, involuntarily, increase consumption. Although a non-capitalist landowner and a capitalist owner of a factory both expect to earn income from their property, there are important differences: the landowner can expect income even if he lives autarchically, as he can consume his own agricultural surplus or use it to feed his workers, whereas the capitalist will earn money only if there is a market for the products he manufactures in his factory. In contrast to the non- capitalist landholder he depends on demand or rather, as will be shown, on rising demand.
From the IntroductionGlobalisation and capitalism are considered as twin brothers. This is dangerous as it may lead to the loss of the achievements of capitalism: competition and equality and the removal of politically acquired privilege. Capitalism has many aspects which are dealt with in this contribution. One characteristic often highlighted in the critique and the praise of capitalism does not belong to capitalism. This is the tendency towards ?unlimited accumulation?. Capital accumulation, and especially unlimited capital accumulation, is only superficially a goal in capitalism. It is only an instrument. Capitalists have to compete for the accumulation of capital. But they can accumulate only in so far as they, involuntarily, increase consumption. Although a non-capitalist landowner and a capitalist owner of a factory both expect to earn income from their property, there are important differences: the landowner can expect income even if he lives autarchically, as he can consume his own agricultural surplus or use it to feed his workers, whereas the capitalist will earn money only if there is a market for the products he manufactures in his factory. In contrast to the non- capitalist landholder he depends on demand or rather, as will be shown, on rising demand.