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Ask AI3: What is capitalism?
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Not only did the ideal entrepreneur not produce the greatest good for the greatest number, he ended by destroying himself, by giving birth to monopoly capitalism.
As capitalism in the 20th century has become increasingly dependent upon force and violence for its survival, the private detective is placed in a serious dilemma.
But let us not complain of the evils of capitalism by referring to a form that is not truly capitalistic.
Some forms of capitalism do indeed work -- superb organizations, a credit to any society.
`` President Kennedy once again interpreted the Soviet proposals, to sign a peace treaty with Germany as a threat, as part of the world menace allegedly looming over the countries of capitalism.
Khrushchev, for all his bombastic prophecies about the inevitable decay of capitalism, is genuinely favorable to `` peaceful coexistence '' and would like, above all, the Berlin and German problems to be settled peacefully ; ;
Nevertheless, they made naught of Marx's prophecy that capitalism would never pay the `` workers '' -- to use Marx's word -- more than a subsistence wage, with the consequence that increased productivity must inevitably find its way into the capitalists' pockets with the result, in turn, that the gap between the rich and the poor would irrevocably widen and the misery of the poor increase.
Though little democracy had ever been practised in this region, and much of it was still ruled by feudalistic means, it was taken for granted that at least the forms of Western democracy would be established in this area and Western capitalism preserved within it.
Particularly was this true as laissez-faire capitalism became the dominant credo of Western society.
The only other one I shall mention here is his use of the term capitalism.
For Fromm, capitalism is the enemy, the root of all evil.
Anarcho-capitalists see free-market capitalism as the basis for a free and prosperous society.
Murray Rothbard said that the difference between free-market capitalism and " state capitalism " is the difference between " peaceful, voluntary exchange " and a collusive partnership between business and government that uses coercion to subvert the free market.
" 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.
Many anarchists view capitalism as an inherently authoritarian and hierarchical system and therefore reject anarcho-capitalism as a form of anarchism.
* Perspectives on capitalism
* Urban life, capitalism, and technology destroy independence and dignity while fostering vice and weakness.
The anti-globalization movement, or counter-globalisation movement, is critical of the globalization of corporate capitalism.
As of January, 2012, some commentators have characterized the unprecedented changes in the global economy as " turbo-capitalism " ( Edward Luttwak ), " market fundamentalism " ( George Soros ), " casino capitalism " ( Susan Strange ), " cancer-stage capitalism " ( John McMurtry ), and as " McWorld " ( Benjamin Barber ).
Susan George of the Transnational Institute has also been a long-term influence on the movement, as the writer of books since 1986 on hunger, debt, international financial institutions and capitalism.
These critics point to statistical trends which are interpreted to be results of globalization, capitalism, and the economic growth they encourage.
: When forces that are hostile to socialism try to turn the development of some socialist country towards capitalism, it becomes not only a problem of the country concerned, but a common problem and concern of all socialist countries.

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