Capitalism is an economic system that is based on private ownership of the means of production and the creation of goods or services for profit.

Capitalism mediates social relationships of production ( such as among workers or between workers and capitalists ) through commodities, including labour, that are bought and sold on the market.

* An excerpt on Leninism and State Capitalism from the work of Noam Chomsky

In 1904, Weber began to publish some of his most seminal papers in this journal, notably his essay The Protestant Ethic and the Spirit of Capitalism, which became his most famous work and laid the foundations for his later research on the impact of cultures and religions on the development of economic systems.

Weber's best known work in economics concerned the preconditions for capitalist development, particularly the relations between religion and capitalism, which he explored in The Protestant Ethic and the Spirit of Capitalism as well as in his other works on the sociology of religion.

Max Weber published four major texts on religion in a context of economic sociology and his rationalization thesis: The Protestant Ethic and the Spirit of Capitalism ( 1905 ), The Religion of China: Confucianism and Taoism ( 1915 ), The Religion of India: The Sociology of Hinduism and Buddhism ( 1915 ), and Ancient Judaism ( 1920 ).

In 1963, Adorno was elected to the post of chairman of the German Sociological Society, where he presided over two important conferences: in 1964, on " Max Weber and Sociology " and in 1968 on " Late Capitalism or Industrial Society ".

* Perspectives on Capitalism

In Natural Capitalism the authors describe the global economy as being dependent on natural resources and ecosystem services that nature provides.

* Natural Capitalism — Mother Jones article on book.

* Perspectives on Capitalism

Capitalism generally refers to economic system in which the means of production are largely or entirely privately owned and operated for a profit, structured on the process of capital accumulation.

There were many parallel workshops, including, for example the Life After Capitalism workshop, which proposed focused discussion on non-communist, non-capitalist, participative possibilities for different aspects of social, political, economic, communication structures.

( See Talcott Parsons ' translation of The Protestant Ethic and the Spirit of Capitalism, translator's note on Weber's footnote 9 in chapter 2.

Among his most famous works was a popular trilogy on economics, American Capitalism ( 1952 ), The Affluent Society ( 1958 ), and The New Industrial State ( 1967 ).

* Capitalism: A Love Story ( 2009 ) A Michael Moore documentary about the negative impacts capitalism can have on people and communities.

Geographer and historian David Harvey in a series of works from the 1970s onwards ( Social Justice and the City, 1973 ; The Limits to Capital, 1982 ; The Urbanization of Capital, 1985 ; Spaces of Hope, 2000 ; Spaces of Capital, 2001 ; Spaces of Neoliberalization, 2005 ; The Enigma of Capital and the Crises of Capitalism, 2010 ), elaborated Marx's thought on the systemic contradictions of capitalism, particularly in relation to the production of the urban environment ( and to the production of space more broadly ).

* Michael Moore, director of Fahrenheit 9 / 11 and Capitalism: A Love Story, among others, the co-organizer of the Traverse City Film Festival, and who helped fund the remodeling of the historic State Theater, lives on Torch Lake, Michigan.

* Alan Greenspan vs. Naomi Klein on the Iraq War, Bush ’ s Tax Cuts, Economic Populism, Crony Capitalism and More, Democracy Now, Sep 24, 2007

Detractors contrast it with other service economy theses such as Natural Capitalism, in which there is a clear focus on making measurably better use of scarce resources, usually considered to be the basis of economics.

* Exterminate Capitalism Lobster Package was the Chinglish rendering of Taotie longxia can ( 饕餮龍蝦餐 " gourmand lobster meal ") on a menu mentioned by the New York Times.

In September 2011 he presented a two-part series on BBC Radio 4 entitled Capitalism on Trial.

In 1976, he published a book entitled " Peoples ' Capitalism: The Economics of the Robot Revolution ".

Peoples ’ Capitalism: The Economics of the Robot Revolution.

Keynesian Economics which attempts a " middle way " between laissez-faire, unadulterated capitalism and state guidance and partial control of economic activity, such as in the French dirigisme or the policies of the Golden Age of Capitalism attempts to address such crises with the policy of having the state actively supplying the deficiencies of unaltered markets.

* Lenny Flank, ' Contradictions of Capitalism: An Introduction to Marxist Economics ', St Petersburg, Florida: Red and Black Publishers, 2007.

* The Binary Economics of Louis Kelso: The Promise of Universal Capitalism, by Robert H. A. Ashford, Rutgers Law Journal, Vol.

* Economics Of The Madhouse: Capitalism and the Market Today ( London, 1995 ) ISBN 1-898876-03-7

He also wrote The New Economics, a polemical essay on the dynamics of an economy in transition to socialism, Anarchism and Communism and The Decline of Capitalism.

* Austrian School of Economics Free Trade and Capitalism

Penguin published Ellis's The Capitalism Delusion – How Global Economics Wrecked Everything and What To Do About It in 2009 and " One Hundred Days of Summer " in 2010 ..

* The Economics of Cocaine Capitalism

At Karachi University, Ahmad earned MSc with Hons in Economics where his master's thesis contained the work on fundamental concepts of Adam Smith's pioneering work on Capitalism.

* Economics of Present Day Capitalism.

" in Homo Economics: Capitalism, Community, and Lesbian and Gay Life.

Though the essay is published in 1980, it appears to recapitulate the ideas presented in James S. Albus's 1976, book: Peoples ' Capitalism: The Economics of the Robot Revolution, though Albus proposes to prevent inflation through a mandatory savings plan, not through a gradual phase-in of a National Dividend.

* Charlene Gannage, " E. S. Varga and the Theory of State Monopoly Capitalism ", in Review of Radical Political Economics 12 ( 3 ), Fall 1980, pages 36 – 49.

The past usefulness of the anti-trust laws to management was explained by Thurman Arnold, in The Folklore of Capitalism, back in 1937.

" Capitalism ," as anarcho-capitalists employ the term, is not to be confused with state monopoly capitalism, crony capitalism, corporatism, or contemporary mixed economies, wherein market incentives and disincentives may be altered by state action.

Capitalism entails the private ownership of the latter two — natural resources and capital goods — by a class of owners called capitalists, either individually, collectively or through a state apparatus that operates for a profit or serves the interests of capital owners.

An essay by Gary Hull ( Ayn Rand Institute ) in Capitalism magazine criticizes:

The identification of the " free market " with " laissez faire " was notably used in the 1962 Capitalism and Freedom, by economist Milton Friedman, which is credited with popularizing this usage.

In the course of developing the Russian application of Marxism, the pamphlet Imperialism, the Highest Stage of Capitalism ( 1916 ) presented Lenin ’ s analysis of an economic development predicted by Karl Marx: that capitalism would become a global financial system, wherein advanced industrial countries export financial capital to their colonial countries, to finance the exploitation of their natural resources and the labour of the native populations.

It was the outcome of the Industrial Revolution and Capitalism, as to solve the problems created by it.

Capitalism is marked by open competition in a free market, in which the means of production are privately owned.

Natural Capitalism: Creating the Next Industrial Revolution is a 1999 book co-authored by Paul Hawken, Amory Lovins and Hunter Lovins.

However, there have been many predecessors: Benjamin Franklin described the concept as " time is money " in his Advice to a Young Tradesman, Written by an Old One ( 1748 ), quoted by Max Weber in his The Protestant Ethic and the Spirit of Capitalism ( 1905 ):

The term and metaphor were first used by E. F. Schumacher in his book Small Is Beautiful and are closely identified with Herman Daly, Robert Costanza, the Biosphere 2 project, and the Natural Capitalism economic model of Paul Hawken, Amory Lovins, and Hunter Lovins until recently, when it began to be used by politicians, notably Ralph Nader, Paul Martin Jr., and agencies of the UK government including the London Health Observatory.

In Washington he completed the manuscript of his masterwork – Capitalism and Slavery – which was published by the University of North Carolina in 1944.

* Capitalism versus Socialism in Underwater Archaeology by E. Lee Spence

* Imperialism, the Highest Stage of Capitalism ( 1916 ), by Lenin

Each of these media is a direct product of Capitalism — they are all now substantial industries — and as such they are driven by the same profit-fixated motives of other sectors of manufacturing, not the ideals of true art.

In Noise & Capitalism, edited by Anthony and Mattin Iles, 104 – 20.

At its most basic, " creative destruction " ( German: schöpferische Zerstörung ) describes the way in which capitalist economic development arises out of the destruction of some prior economic order, and this is largely the sense implied by the German Marxist sociologist Werner Sombart who has been credited with the first use of these terms in his work Krieg und Kapitalismus (" War and Capitalism ", 1913 ).

In Capitalism, Socialism and Democracy ( 1942 ), Joseph Schumpeter developed the concept out of a careful reading of Marx ’ s thought ( to which the whole of Part I of the book is devoted ), arguing ( in Part II ) that the creative-destructive forces unleashed by capitalism would eventually lead to its demise as a system ( see below ).

The expression " creative destruction " was popularized by and is most associated with Joseph Schumpeter, particularly in his book Capitalism, Socialism and Democracy, first published in 1942.

: Capitalism [...] is by nature a form or method of economic change and not only never is but never can be stationary.

His wife chose the phrase " Murdered by Capitalism " for his marker which inspired the 2004 book by John Ross.