So my question is why does no one agree on capitalism? It 's hard to answer this objectively. Apparently there has never been a clear agreement about the linguistic, economic, ethical and moral implications, that is, the "political economy" of capitalism itself. Rather like a governing political party that everyone seeks to control, regardless of ideology, the definition of "capitalism" at any given time tends to reflect the current conflicts between interest groups.
Despite opposition, capitalism continued to expand and prosper. It has succeeded due to its enormous ability to create wealth and to raise the real standard of living for the wealthy. New demands imposed on the economic system included ending environmental pollution, extending equal opportunities and rewards to women and minorities, and coping with the social costs of unsafe products and working conditions. Presently, the only economic challenge to capitalism is to keep employment high and prices stable.
Bibliography
Notes on the Free Slave Trade film
Robbins, H. Richard, Global Problems and the Culture of Capitalist, Article
Peet, Richard, Theories of Development, 1999, the Guilford Press.
Bibliography: Notes on the Free Slave Trade film Robbins, H. Richard, Global Problems and the Culture of Capitalist, Article Peet, Richard, Theories of Development, 1999, the Guilford Press.
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