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Jeffrey Chen

The Achilles' Heal of Capitalism - 0 views

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    An interesting article on pros and cons of capitalism. While capitalism offers financial profit for anyone willing to work hard, capitalism also allows for selfishness and wayward personal motivation. An interesting moral view.
Katherine Chipman

Capital Markets | OER Commons - 0 views

  • This course examines several aspects of the global capital markets, including private and public financial intermediaries, domestic and global security markets, organized exchanges for stock and bond securities trading, and capitalization structure.
LeeAnne Lowry

Capitalism - 1 views

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    This site gave a very brief, clear definition of capitalism, including a very interesting history of it. Good read!
anonymous

The Herald - 0 views

    • anonymous
       
      View on capitalism as the cause of economic down turn. Brief talk on history of communism and socialism and why it failed. Seems to support socialism
  • Third, it wasn’t because communist countries rejected markets that they failed. It was because they backed off of Marxist-Leninist principles, and conciliated with capitalism, that they collapsed.
  • Second, communism had not a moment’s rest from attempts by the capitalist countries to destroy it.
  • ...7 more annotations...
  • communism arose under inauspicious circumstances.
  • apitalism being too weak to block the rise of revolution meant that the revolution would have to take hold in a country where the working class was small and the industrial base — necessary to progress toward a communist society of plenty — was rudimentary at best
  • gainst the far right’s explanation that immigration is the cause of joblessness, the left could point out that insecurity is caused by the failure — indeed refusal — of capitalism to offer secure employment to all; that the solution is to transcend the capitalist system; and that where it has been transcended in the past, secure employment has been made available to all, along with guaranteed healthcare, security in old age, subsidised housing, free education, and a raft of other mass-oriented reforms
  • There is no freeloading in a socialist society. Work is an obligation
  • capitalism is the cause of your problems
  • Sweden, often celebrated as a social democratic paragon and held out as an attractive alternative to Marxist-Leninist-style socialism, has proved no less vulnerable to outbreaks of recession-induced xenophobia than bastions of neo-liberalism have
  • Attributing the demise of really-existing socialism to internal failings, and ignoring seven decades of efforts to exterminate the communist challenge — a practice of both the right and left — is a peculiar form of blindness.
Shuan Pai

Capitalism - 1 views

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    Gives a good, detailed yet brief description of the history and emergence of capitalism.
Clint Peterson

How Hollywood portrays Capitalism - 0 views

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    This article provides some interesting insight into why Hollywood paints capitalism in the picture that it does.
Shuan Pai

Capitalism: A Love Story - 0 views

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    Trailer for the Michael Moore film. Although it's only a preview, it gives some interesting insight into capitalism.
Shuan Pai

What is capitalism? - 1 views

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    another definition of capitalism.
Jeffrey Chen

Making Capitalism More Creative - 0 views

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    Great article by time magazine by Bill Gates about the modern issues of capitalism and areas for improvement
Katherine Chipman

Capitalism and Its Critics, Fall 2006 | OER Commons - 0 views

  • This course examines the implications of economic theories for social and political organization in the context of the historical evolution of industrial societies.
Erin Hamson

Communist Manifesto (Chapter 2) - 0 views

  • The Communists do not form a separate party opposed to the other working-class parties. They have no interests separate and apart from those of the proletariat as a whole. They do not set up any sectarian principles of their own, by which to shape and mould the proletarian movement.
    • Erin Hamson
       
      We are for you. You should join us. We will help you become equals, but not into a better position.
  • 1. In the national struggles of the proletarians of the different countries, they point out and bring to the front the common interests of the entire proletariat, independently of all nationality. 2. In the various stages of development which the struggle of the working class against the bourgeoisie has to pass through, they always and everywhere represent the interests of the movement as a whole.
    • Erin Hamson
       
      working to unite the proletariat, which according to chapter one should equalise them with the others.
  • formation of the proletariat into a class, overthrow of the bourgeois supremacy, conquest of political power by the proletariat.
  • ...26 more annotations...
  • The theoretical conclusions of the Communists are in no way based on ideas or principles that have been invented, or discovered, by this or that would-be universal reformer.
    • Erin Hamson
       
      We don't recognise one world leader, or founder. Unlike capitalism (Smith) or democracy (Locke).
  • but the abolition of bourgeois property.
    • Erin Hamson
       
      mean to abolish their symbol of status, but not divide it to the masses. Say that it is commonly held together.
  • Abolition of private property
  • We Communists have been reproached with the desire of abolishing the right of personally acquiring property as the fruit of a man’s own labour, which property is alleged to be the groundwork of all personal freedom, activity and independence.
  • , that quantum of the means of subsistence which is absolutely requisite to keep the labourer in bare existence as a labourer.
    • Erin Hamson
       
      tells the labourer they ought to be getting more for their hard work in support of the system.
  • allowed to live only in so far as the interest of the ruling class requires it.
    • Erin Hamson
       
      allowed to live only in so far as the interest of the state requires it. A state in which you have no say, but they really do care about you.
  • By freedom is meant, under the present bourgeois conditions of production, free trade, free selling and buying.
    • Erin Hamson
       
      What other sort of freedom is there?
  • It has been objected that upon the abolition of private property, all work will cease, and universal laziness will overtake us.
    • Erin Hamson
       
      Isn't this what happened? Isn't this why they failed? They couldn't get man to work and produce enough products to support the country on virtue?
  • bourgeois society ought long ago to have gone to the dogs through sheer idleness;
    • Erin Hamson
       
      They have to work to keep all the property they supposedly have.
  • Do you charge us with wanting to stop the exploitation of children by their parents? To this crime we plead guilty
    • Erin Hamson
       
      How are the children currently exploited?
  • But, you say, we destroy the most hallowed of relations, when we replace home education by social. And your education! Is not that also social, and determined by the social conditions under which you educate, by the intervention direct or indirect, of society, by means of schools, &c.?
    • Erin Hamson
       
      Secular learning might be taught in schools, but values, beliefs, toleration are all taught in the home. The only way to have successful society without these being taught in the home is to teach them in the schools. Which they currently are not.
  • Our bourgeois, not content with having wives and daughters of their proletarians at their disposal, not to speak of common prostitutes, take the greatest pleasure in seducing each other’s wives.
    • Erin Hamson
       
      They claim that this is universally true, but they forget the virtue of some people.
  • to freedom of commerce, to the world market,
    • Erin Hamson
       
      capitalism has begun a reduction of national barriers.
  • The Communists are further reproached with desiring to abolish countries and nationality.
  • In proportion as the exploitation of one individual by another will also be put an end to, the exploitation of one nation by another will also be put an end to. In proportion as the antagonism between classes within the nation vanishes, the hostility of one nation to another will come to an end.
    • Erin Hamson
       
      Appealing to the 3rd world countries of the globe. trying to make communism a good thing.
  • The charges against Communism made from a religious, a philosophical and, generally, from an ideological standpoint, are not deserving of serious examination.
    • Erin Hamson
       
      We don't have anything to refute these claims, so we'll say they aren't important. Further we don't believe in religion because it causes differences, we can't refute something we believe in or think should exist.
  • The ruling ideas of each age have ever been the ideas of its ruling class.
    • Erin Hamson
       
      censoship
  • traditional property relations
    • Erin Hamson
       
      People as defined by their property, in a physical sense. Defied by the reputation economy.
  • traditional ideas
  • to centralise all instruments of production in the hands of the State
    • Erin Hamson
       
      manipulate the people to steal from other people, and then all will be stolen from all people.
  • Nevertheless, in most advanced countries, the following will be pretty generally applicable.
    • Erin Hamson
       
      Capitalism with the State having a monopoly in every area within the country.
  • State
  • exclusive monopol
  • State.
  • State;
  • public
Margaret Weddle

SHARING THE PROFITS: Businessmen Get a New Religion - TIME - 0 views

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    Capitalism & giving back actually makes more money!
anonymous

China: Capitalism Doesn't Require Democracy - 0 views

    • anonymous
       
      Shows how some prior assumptions about capitalism have been proven wrong by China's economy.
Katherine Chipman

Capital Markets - 0 views

  • An overview of the investment markets, this course examines the menu of securities available in today's market and the attributes of the various types of securities.
David Potter

Podcast on Capitalism and Growth - 1 views

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    This is a collection of podcasts. Abstract:Economic Geography of the Industrial Word - Fall 2007. This course covers topics such as Industrialization, urbanization, and economic growth in the global North. Locational patterns in manufacturing, retailing trade, and finance. Geographic dynamics of technical change, employment, business organization, resource use, and divisions of labor. Property, labor, and social conflict as geographic forces. Local, national, and continental rivalries in a global economy, and challenges to U.S. dominance.
David Potter

The Communist Manifesto - 1 views

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    This is the Communist Manifesto. I felt like it would served to well to contrast it to the ideas of Adam Smith and traditional capitalism
Shaun Frenza

Communist Manifesto (Chapter 1) - 1 views

  • holy alliance to exorcise
    • Erin Hamson
       
      Religious diction
  • All fixed, fast-frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses his real conditions of life, and his relations with his kind.
    • Erin Hamson
       
      Man is responsible for technology which is responsible for a fast paced world, which they don't like
  • It compels all nations, on pain of extinction,
    • Erin Hamson
       
      Japan
    • Shaun Frenza
       
      Seems a little singular - is there a specific reason why you only say "Japan"
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  • The bourgeoisie has subjected the country to the rule of the towns.
    • Erin Hamson
       
      Capitalism has taken over the world, and those that were slow to buy into the idealology are being left in the dust, and dependant on others, which they don't like.
  • Because there is too much civilisation, too much means of subsistence, too much industry, too much commerce.
    • Erin Hamson
       
      Communists retaliate by not producing enough goods.
  • He becomes an appendage of the machine, and it is only the most simple, most monotonous, and most easily acquired knack, that is required of him.
    • Erin Hamson
       
      Paints these people as the suffers, clearly appealing to them to call for "equality"
  • Not only are they slaves of the bourgeois class, and of the bourgeois State; they are daily and hourly enslaved by the machine, by the overlooker, and, above all, by the individual bourgeois manufacturer himself.
    • Erin Hamson
       
      In Communism all become slaves of the state and the state leaders, how is that better?
    • Shaun Frenza
       
      Or they become the machine - They are not the slave, they are the mechanizm together... at least that is what they tell themselves.
  • All are instruments of labour, more or less expensive to use, according to their age and sex.
    • Erin Hamson
       
      Conflicts with the MIT lesson, except for those that have to work. (in regard to females working) again an appeal to the working class people, who are the masses to revolt. This works less well in America because of the American dream and the possibility for change fostered by it.
  • At this stage, the labourers still form an incoherent mass scattered over the whole country, and broken up by their mutual competition.
    • Erin Hamson
       
      Reminiscent of George Orwell's 1984, they hope lies in the masses of uncontrolled people
  • Thereupon, the workers begin to form combinations (Trades’ Unions) against the bourgeois; they club together in order to keep up the rate of wages; they found permanent associations in order to make provision beforehand for these occasional revolts. Here and there, the contest breaks out into riots.
    • Erin Hamson
       
      The working class fights back
  • so now a portion of the bourgeoisie goes over to the proletariat,
    • Erin Hamson
       
      they aren't alone in their cause
  • The proletarian is without property; his relation to his wife and children has no longer anything in common with the bourgeois family relations;
    • Erin Hamson
       
      The shear fact of having money and therefore time to spend with children brings these differences.
  • The proletarian movement is the self-conscious, independent movement of the immense majority, in the interest of the immense majority.
  • Its fall and the victory of the proletariat are equally inevitable
    • Erin Hamson
       
      Doesn't believe capitalism can survive.
    • Rhett Ferrin
       
      Wait, all these sound like good things. Is he saying its bad to have Toyotas? Is it bad to have bannanas in December?
  • rescued a considerable part of the population from the idiocy of rural life.
    • Rhett Ferrin
       
      Can someone help me out here? Is he being sarcastic? He says capitalizm is bad then says that the bourgeoisie 'rescued' people from the 'idiocy of rural life' Thomas Jefferson thought the rural life was the ideal and to be sought after. I can't tell if Marx is for or against it.
  • By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labour
  • By proletariat, the class of modern wage labourers who, having no means of production of their own, are reduced to selling their labour power in order to live.
  • immensely facilitated means of communication, draws all, even the most barbarian, nations into civilisation
    • Shaun Frenza
       
      Notice how we are in the same situation now as were were then - the facilitation of communication with the internet and how it shapes the world to become more homogenous.
Andrew DeWitt

Modernism - Wikipedia, the free encyclopedia - 0 views

  • From the 1870s onward, the ideas that history and civilization were inherently progressive and that progress was always good came under increasing attack.
  • Darwin's theory of evolution by natural selection undermined the religious certainty
  • Karl Marx argued there were fundamental contradictions within the capitalist system
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  • The miseries of industrial urbanism and the possibilities created by scientific examination of subjects brought changes that would shake a European civilization which had, until then, regarded itself as having a continuous and progressive line of development from the Renaissance. With the telegraph's harnessing of a new power, offering instant communication at a distance, the experience of time itself was altered.
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