Sam Jordan

Labour Stu hand outs Voice, Resistance and transmit 1C03E Thursday September 15, 2011 What is die? Introduction to capitalism and report up low Capitalism What does this tell me approximately the musical themes of freedom, democracy, and equality? forthwiths Questions: What is Capitalism? What does litigate sort like under capitalism? Todays Concepts: *Capitalism: a grapheme of stinting corpse *Economic Systems: the commission we coordinate the production and dispersal of goods in the society. -The economic system affects each aspect of adult male life from how and what we rear and suck up and how we contact to each other. -The circulating(prenominal) economic system we desex love in today is called capitalism -A nonher measurable thing to visit is that it is non ineluctably natural consequence that capitalism is human made. We as manhood structured our society. Because capitalism is human made, this also inwardness that it is not something that has always existed, nor nominate out it always exist. -In fact, capitalism is a very recent economic system.

For example, Jim Stanford, the chief economist for the Canadian autoworkers the account of homosepians, as a 24-hour day, then capitalism has existed for 2 minutes -What he is saying is that if we ensure at history of humans, it has further exited for a short dot of time -Most of human history has been characterized in spacious ways of producing and distributing goods. -There are lots of different types of economic systems, numerous of which have existed for centuries. -Some primary characteristics of capitalism: -Most work performed by sight that do not own the company they work in, nor do they own what they produce. -To understand this, we must look at the idea of profit/ extravagance value. *Profit/Surplus revalue: the surplus money that owners make from change their product. Surplus comes directly from selling the product for to a greater extent then what it costs to produce it. -Capitalism necessarily creates huge inequalities in the midst of the thick and the poor. The rich apprehend rich by...If you want to get a full essay, monastic order it on our website: Ordercustompaper.com

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