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Vor 10 Stunden · In our new book, “How Government Built America,” we explore the extent to which the U.S. government has intervened in markets since the Colonial era. It turns out the country has always had ...
Vor einem Tag · Chapter 15 invites theory-based and empirically founded speculation about the coming phase of capitalist development. Against this background, the chapter outlines the contours of state capitalism as a possible guiding model of a new mode of production as well as the various forms of populism as a political program to underpin this economic order.
Vor einem Tag · Capitalism is characterized by private ownership of the factors of production. Decision making is decentralized and rests with the owners of the factors of production. Their decision making is coordinated by the market, which provides the necessary information. Material incentives are used to motivate participants.
Vor 4 Tagen · Abolition. Abolitionism. Slavery in America, Brazil, and Cuba relied on capitalist markets, which supplied credit and demand for slave-made goods. The Reckoning, Robin Blackburn’s monumental history, offers a dizzying account of the politics behind this system’s rise and fall.
Vor 2 Tagen · 2. Economics: Americans 18-29 were more likely to say they have a positive impression of socialism (44% favorable) than capitalism (40%), a 2022 Pew poll found. Just 28% of seniors viewed socialism favorably. 3.
Vor 4 Tagen · In the United States, capitalism has driven innovation, economic growth, and societal change. However, it has also contributed to significant disparities in wealth and power, influencing both social dynamics and political processes. This essay explores the multifaceted effects of capitalism on modern society and its profound impact on US politics.
Vor 4 Tagen · The boom and bust cycle describes alternating phases of economic growth and decline typically found in modern capitalist economies. First anticipated by Karl Marx in the 19th century, the boom ...
