Isn't that a proof that socialism is a better
system than capitalism, at least for the majority of population?
Not exact matches
To a utopia with perfect flawless garment replicators, or to clothes from realistic -
systems - other -
than -
capitalism?
Edmund Phelps» article focuses on how economic
systems interact with the virtues of creativity and initiative, concluding that
capitalism promotes these virtues much better
than communism.
-LCB- alert: Smith would probably not have done well in the Twitter world -RCB- One can surmise that the form of
capitalism that Americans subscribed to in Adam Smith
capitalism was based on an ethical
system influenced by Christianity.My very, very rudimentary understanding of Sharia laws concerning finance suggest to me that it is more closely related to Adam Smith
capitalism than to predatory
capitalism.What do you think?
However, there are vast differences within each of these two categories between economic
systems that are nominally grouped together, greater differences
than there are between some
systems that we place on opposite sides of the
capitalism / socialism dividing line.
Yeah, just democratic
capitalism, which has freed more people from slavery, oppression and poverty
than any other
system of civilized society in the history of mankind.
Greider, a senior journalist at the Nation, and Wight, an economist at the University of Richmond, understand that
capitalism is more
than a technical economic
system and that it is supported by more
than rational argument.
Capitalism in its contemporary form is more
than a
system of ownership and distribution of economic goods.
Much more
than any unitary socialist
system, the threefold
system of democratic
capitalism — which honors political, economic and moral - cultural freedoms — tends to call forth individual and collective efforts that contribute to the common good.
Rather
than releasing the autonomous individual and placing him in a context of genuine participatory community, socialism has been seen as a
system that crushes the individual under a centralized bureaucratic structure even more effectively
than corporate
capitalism.
There is a sense in which the two economic
systems [free market
capitalism versus state - driven
capitalism] are ideological opponents; there is discussion of whether the authoritarian economic model is better able
than the United States» to deliver positive outcomes.
Namely, that unregulated markets always overshoot (more so in the computerised age
than ever before), and that while regulated
capitalism is the best
system, a free - for - all always leads to anarchy and disaster - and has!
Capitalism - an economic and political
system in which a country's trade and industry are controlled by private owners for profit, rather
than by the state.
In a report last year, it called passive investing «worse
than Marxism,» and said it «threatens to fundamentally undermine the entire
system of
capitalism and market mechanisms that facilitate an increase in the general welfare.»
In 2005, the artist opened lesser new york in her Williamsburg loft, which was a response to Greater New York (2005) but it was lesser; it was a greater response to the lesser limits of the art world that she saw reflected in PS1's concurrent survey; this lesser exhibit / installation was organized under the auspices of a «fia backström production,» a lesser production of curated ephemera such as press releases, invites, posters, and so on culled from found materials and the work of a greater local network of friends and peers; the lesser aesthetics of dejecta, pasted directly onto the walls, reflects a greater decorative pattern, not unlike Rorschach images of a lesser art industry itself within a critique of a greater institutional relationship to art production; as such, the lesser display of curated ephemera (from nonartists and artists alike) not only comments on the greater vortex of art and capital, but also serves as a lesser gesture toward something like a memorial wall, not unlike a collection of posters on the greater Berlin Wall, or a lesser improvisational 9 - 11 wall, or, more recently, a greater Facebook wall, or the lesser construction wall surrounding the Second Avenue gas explosion in the East Village, all pointing to a lesser memorial for the greater commodified institution of art consumption; whereas in Backström's lesser new york each move repels consumption by both the lesser value of the pasted paper and its repetition, which dispels the greater value of precious originals; so the act of reinstalling lesser new yorkten years later at Greater New York — the very institution that rejected her a decade earlier — speaks to the nefarious long arm of
Capitalism that can morph into an owner of its own critique; so that lesser new york is greater
than its initial critique, greater
than a work of institutional critique: it is a continuous institutional relationship, a lesser critique that keeps on giving in its new contexts; the collective spirit of artists working together playfully is lesser, whereas the critique of how artists can imagine working alongside the institution is greater, or vice versa; the lesser gesture of a curated mixed - media installation in one's home with no clear identification and no commercial validity becomes untethered when it is greater, and this particular lesser becomes greater in the Greater New York (2015) context; still, the instabilities of the organizing
systems by Backström continue to put pressure on both the defining features of art production in both the lesser context and the decade - later greater one; further, the greater question of what constitutes an art as a lesser art becomes a dizzying conundrum when the greater art institution frames the lesser to be greater, when the lesser is invested in its lesser relationship to the greater.
This screen and its pattern forms the structure of the video and sound work shot and assembled by Williams, less a film
than an animated graphic composition that draws from the histories of weaving,
capitalism, technical
systems, and landscape.
But on the other hand free market enterprise and Smith's
capitalism, appropriately systematized, has proven far more effective
than any other (which doesn't say other
systems don't have any good points).
This Changes Everything:
Capitalism vs. The Climate by Naomi Klein What can you ask for more
than a book that not only wants to save our environment but destroy the capitalist
system that got us here?
Building on this critique, Speth goes on to conclude in his book that: (1) «today's
system of political economy, referred to here as modern
capitalism, is destructive of the environment, and not in a minor way but in a way that profoundly threatens the planet» (2) «the affluent societies have reached or soon will reach the point where, as Keynes put it, the economic problem has been solved... there is enough to go around» (3) «in the more affluent societies, modern
capitalism is no longer enhancing human well - being» (4) «the international social movement for change — which refers to itself as «the irresistible rise of global anti-
capitalism» — is stronger
than many imagine and will grow stronger; there is a coalescing of forces: peace, social justice, community, ecology, feminism — a movement of movements» (5) «people and groups are busily planting the seeds of change through a host of alternative arrangements, and still other attractive directions for upgrading to a new operating
system have been identified» (6) «the end of the Cold War... opens the door... for the questioning of today's
capitalism.»