X-Nico

3 unusual facts about Capitalism


Criticisms of anarcho-capitalism

Some critics, including libertarian socialist Noam Chomsky, reject the distinction between positive and negative rights.

Regional Airline Association

In his film Capitalism: A Love Story, director and film producer Michael Moore profiled how little most regional pilots are paid in the first few years of their careers.

United States v. Alcoa

Former Federal Reserve chairman Alan Greenspan criticized United States v. Alcoa as a young man in 1966, in an essay published in Capitalism: The Unknown Ideal.


Abstract labour and concrete labour

In his book Crack Capitalism, John Holloway (sociologist) considers abstract labour as the most radical foundational category of Marx's theory, and therefore he recommends the struggle against abstract labour as the centrepiece of the political struggle against capitalism.

American National Exhibition

Subsequently, Richard Nixon (then Vice President) and Soviet Premier Nikita Khrushchev on July 24, 1959 began what became known as the Kitchen Debate — a debate over the merits of capitalism vs. socialism, with Khrushchev saying Americans could not afford the luxury represented by the "Typical American House".

Amintore Fanfani

He was the author of a number of important works on economic history dealing with religion and the development of capitalism in the Renaissance and Reformation in Europe.

Angela Brennan

In 2006 the Monash University Museum of Art held a major survey exhibition of her work, titled Angela Brennan: every morning I wake up on the wrong side of capitalism.

Auguste Doriot

After the war the family sent him to the Massachusetts Institute of Technology (MIT) in the USA but he switched to the Harvard Business School where he became a Professor and the father of Venture Capitalism.

Doriot's son, Georges Doriot, emigrated to the United States and became a professor at the Harvard Business School, where he later became known as the father of Venture Capitalism.

Bavarian Soviet Republic

Soon after, on 3 May 1919, remaining loyal elements of the German army (called the "White Guards of Capitalism" by the communists), with a force of 9,000, and Freikorps (such as the Freikorps Epp and the Marinebrigade Ehrhardt) with a force of about 30,000 men, entered Munich and defeated the communists after bitter street fighting in which over 1,000 supporters of the government were killed.

Bhopal Conference

Modern Dalit intellectual activists — notably, the journalist Chandra Bhan Prasad — had realised this and were campaigning for a strategy of "Dalit capitalism" that extended the requirement to reserve jobs into the private sector and also sought to empower Dalits by promoting an environment that would enable them to be business owners rather than reliant on others for employment.

Bruno Bauer

The Trumpet, written by Bauer and published anonymously, was of inspiration to Gianfranco Sanguinetti, for his 1975 pamphlet Veritable Report on the Last Chances to Save Capitalism in Italy, a situationist prank which caused him to leave Italy under the force of political pressure.

Charles Hampden-Turner

1993, with Fons Trompenaars, The seven cultures of capitalism: value, systems for creating wealth in the United States, Britain, Japan, Germany, France, Sweden, and the Netherlands.

Community development

With Indian independence, despite the continuing work of Vinoba Bhave in encouraging grassroots land reform, India under its first Prime Minister Jawaharlal Nehru adopted a mixed-economy approach, mixing elements of socialism and capitalism.During the fifties and sixties, India ran a massive community development programme with focus on rural development activities through government support.

Coryton, Cardiff

The area is named after Sir Herbert Cory, former Conservative MP of Cardiff and one of the Cory baronets, coal mining and ship owning capitalists.

Deviationism

Browder developed the doctrine of indefinite collaboration with capitalism and the Harry Bridges doctrine of postwar extension of the no-strike pledge.

Donald Regan

Michael Moore gives brief focus to this incident in his documentary, Capitalism: A Love Story, who then proceeds to insinuate that Reagan was merely chosen a frontman (or "sheriff") for the real power behind the throne, among them Regan, who at the time was the Chairman of Merrill Lynch and whom Reagan appointed as Treasury Secretary and then Chief of Staff.

Economic ideology

For instance, Anarchism cannot be said to be an economic ideology as such, because it has amongst others Anarcho-capitalism on the one hand and Anarcho-communism on the other as subcategories thereof, which are in themselves opposing ideological standpoints.

Enviro-Capitalists: Doing Good While Doing Well

Policy Review, published by the Hoover Institution, noted that the book views the growth of enviro-capitalism as a vindication of the views of conservationist Aldo Leopold.

Ernesto Cardenal

Days before the election, Cardenal stated, in a clear reference to his dispute with Ortega, that "I think it would be more desirable an authentic capitalism, as Montealegre's (Eduardo Montealegre, the presidential candidate for Alianza Liberal Nicaragüense) would be, than a false Revolution".

Every Day I Wake Up on the Wrong Side of Capitalism

Every Day I Wake Up on the Wrong Side of Capitalism is an album by rapper Sun Rise Above.

Gregory Kealey

He completed his MA and PhD at the University of Rochester, working under the supervision of American labour historian Herbert Gutman and Christopher Lasch on a dissertation that examined the Toronto working class during the transition to industrial capitalism.

Hartford City, West Virginia

Salt extraction began in 1856, by capitalists from Connecticut named Morgan Buckley and William Healey, who named the town for Hartford.

Henry R. Towne

Noble, David F. America by Design: Science, Technology, and the Rise of Corporate Capitalism.

Hostile Takeover Trilogy

Hostile Takeover is a science fiction trilogy (actually one long novel in three parts) written by S. Andrew Swann and published by DAW Books where the main setting is the Anarcho-capitalist planet of Bakunin.

J.M.K.E.

Meanwhile Estonia had regained its independence and J.M.K.E. couldn't continue with their anti-Soviet songs (what was the point?), so they found their new "enemy" in the invading "burger-culture", increasing poverty, and other early-capitalistic distresses.

John Bellamy Foster

Additionally, Foster has worked to expand Sweezy and Baran’s theory of monopoly capital in light of the current financially led phase of capitalism, which he terms "monopoly-finance Capital." In this context he has written several articles for Monthly Review on the financialization of capitalism and financial crisis of 2007-08.

John Ridpath

During his career he has defended the morality of capitalism against socialism in debates on college campuses across North America including Yale University, Harvard University, the University of Chicago, UCLA and Berkeley, and notably against former premier of Ontario Bob Rae.

Kritik

Kritiks of such things as biopower, militarism, and capitalism often argue that the indicted concept justifies nuclear war, genocide, and totalitarianism.

Liah Greenfeld

In 2002, she received the Kagan Prize of the Historical Society for the best book in European History (for The Spirit of Capitalism) and in 2004 was chosen to deliver the Gellner lecture at the London School of Economics.

Libertarian manifesto

For a New Liberty: The Libertarian Manifesto, a 1973 book by Murray Rothbard originator of anarcho-capitalism

MacGregor Knox

He rejects Marxist views that Fascism and National Socialism were agents of, or represented the interests of, capitalism or big business, and he is highly critical of both the Italian Socialist Party and the Communist Party of Germany, whose revolutionary rhetoric, he argues, provoked middle-class support for Fascism and National Socialism.

Market abolitionism

"Contemporary" mutualists like Kevin Carson (as opposed to "classical" mutualists such Pierre-Joseph Proudhon) advocate a form of mutualism termed "Free Market Socialism" (which is not the same as Market Socialism) as an alternative to both Capitalism and State Socialism, noting that a decentralized system can be self-regulating.

Netocracy

The concept was later picked up by the Swedish philosophers Alexander Bard and Jan Söderqvist for their book Netocracy — The New Power Elite and Life After Capitalism (originally published in Swedish in 2000 as Nätokraterna - boken om det elektroniska klassamhället, published in English by Reuters/Pearsall UK in 2002).

New class

Canadian-American liberal economist John Kenneth Galbraith also wrote about a similar phenomenon under Capitalism, the emergence of a technocratic layer in The New Industrial State and The Affluent Society.

Oliver Ressler

Many of Ressler’s works have been realized in collaborations: “Boom!” focuses on the central contradictions of globalized capitalism (with David Thorne), “European Corrections Corporation” on the phenomenon of prison privatization (with Martin Krenn), and “What Would It Mean To Win?” on the protests against the 33rd G8-summit in Heiligendamm (with Zanny Begg).

Perspectives on capitalism

It emphasizes the legal foundations of capitalism (see John R. Commons) and the evolutionary, habituated, and volitional processes by which institutions are erected and then changed (see John Dewey, Thorstein Veblen, and Daniel Bromley.)

Rhine capitalism

Two researchers, Peter A. Hall and David Soskice, followed up the idea of two different kinds of capitalism with a large, empirical, international study.

Rick Gilmore

He has written articles on food stabilization, food security, trade liberalization, and venture capitalism, and has lectured at the Agrarian Institute of Russia, Moscow State University, University of Aix-en-Provence, Johns Hopkins University SAIS, Harvard University, Georgetown University, and American University.

Ron Clark Ball

A former Officer and Naval Aviator who flew the F-14 Tomcat and served in the United States Navy during Operation Desert Storm, his fictional novel Falcon on the Tower is a lauded debut suspense thriller that tackles issues of radical Islamic global terrorism in the 21st Century and its collision with capitalism.

Scientific communism

Political economy subdivided into the political economy of capitalism and political economy of socialism

Scottish Socialist Party

Regarding independence, the SSP's Alan McCombes wrote that "the tearing of the blue out of the Union Jack and the dismantling of the 300-year-old British state would be a traumatic psychological blow for the forces of capitalism and conservatism in Britain, Europe and the USA", and that it would be "almost as potent in its symbolism as the unravelling of the Soviet Union at the start of the 1990s".

State capitalism

In his book, The End of the Free Market: Who Wins the War Between States and Corporations, political scientist Ian Bremmer describes China as the primary driver for the rise of state capitalism as a challenge to the free market economies of the developed world, particularly in the aftermath of the 2008 financial crisis.

A relatively recent text by Stephen Resnick and Richard D. Wolff, Class Theory and History, explores what they term state capitalism in the former Soviet Union, continuing a theme that has been debated within Trotskyist theory for most of the past century.

Stuart Umpleby

With the collapse of communism in 1989 many social scientists both in Russia and the West said that, although Karl Marx had described the transition from capitalism to socialism to communism, there were no theories to guide the transition from communism to capitalism.

Swan River Colony

Karl Marx used the Swan River Colony to illustrate a point about a shortcoming of capitalism in Das Kapital.

The Market for Liberty

Mary Ruwart credits the Tannehill's book with winning her over to anarcho-capitalism.

Thomas J. Bata

In 2007 he received the FIRST Award for Responsible Capitalism, the lifetime Achievement Medal.

Wirtschaftsgeschichte

Weber's institutional theory of capitalism was rediscovered in the early 1980s by writers like Randall Collins, Daniel Chirot, and Douglass C. North, who worked to replace theories based largely on Immanuel Wallerstein's "World Systems" theory.

World Socialist Movement

Socialism is characterized as a stateless, propertyless, post-monetary economy based on calculation in kind, a free association of producers (workplace democracy) and free access to goods and services produced solely for use and not for exchange.


see also