Capitalism is the political economic system based on private property and private profit. In this system‚ individuals and companies own and direct most of the resources used to produce goods and services. Such resources include land and other natural resources‚ labour‚ and capital. Capital includes factories‚ equipment‚ and money used in business activities. The term capitalism comes from capital. Capitalism pressurises private economic choices. People are free to decide how they will earn and
Free Capitalism Economic system Free market
The advantages and disadvantages of capitalism. Capitalism is an economic system based on the private ownership of capital goods and the means of production‚ with the creation of goods and services for profit. In contradiction to socialist systems‚ such as communism and socialism‚ it characterised among other things by high level of competition in business. Capitalism became dominant in the Western world following the demise of feudalism; it played an important role in the emergence of the modern
Premium Capitalism Communism Socialism
Capitalism is a financially profitable‚ nonsustainable aberration in human development as it doesn’t completely conform to its own accounting principles and liquidates its capital and calls it income (Hawkins & Lovins‚ 1999‚ p. 5). Though this is true‚ the natural resources and living systems‚ as well as the social and cultural systems that are the basis of human capital‚ must be categorized as valuables in a system of natural capitalism due to the neglection of assigning any value to the largest
Premium Sustainability
Mary Reilly Mary Reilly the movie‚ and the book The Strange Case of Dr Jekyll and Mr. Hyde are similar in many ways‚ but like the other 120+ films based on Robert Louis Stevenson’s classic novella‚ it is also very different. Both Mary Reilly’s theme and story line are different from the book’s. To begin‚ The Strange Case of Dr Jekyll and Mr. Hyde has different dynamic characters. The story is told mainly through the eyes of a no funny business lawyer named Gabriel John Utterson. Utterson sees a
Free Strange Case of Dr Jekyll and Mr Hyde Robert Louis Stevenson Novella
"Devarāja" is the Hindu-Buddhist cult of deified royalty in Southeast Asia.[1] It could be simply described as Southeast Asian concept of divine king. The concept viewed the monarch to possess transcendental quality‚ the king as the living god on earth‚ the incarnation of the supreme god‚ often attributed to Shiva or Vishnu. The concept is closely related to Indian concept of Chakravartin (universal monarch). In politics‚ it is viewed as the divine justification of a king’s rule. The concept was
Premium Southeast Asia Indonesia Vishnu
Nature vs. Nurture One of the largest debates in psychology is nature vs. nurture. Those who believe strongly in nature are referred to nativists‚ as they believe that all behaviours in humans can be genetically explained‚ through evolution. On the other side of the spectrum is empiricists‚ which are those who believe that behaviour is entirely manifested by the environment. It is said by empiricists children are born as a “blank slate‚” and that throughout their lives the various situations that
Premium Human nature Nature versus nurture Psychology
Monthly Review (October 2004) Capitalism and the Environment by Paul M. Sweezy [pic]It is obvious that humankind has arrived at a crucial turning point in its long history. Nuclear war could terminate the whole human enterprise. But even if this catastrophic ending can be avoided‚ it is by no means certain that the essential conditions for the survival and development of civilized society as we know it today will continue to exist. We live in and from a material environment consisting of land
Free Human Natural environment Nuclear weapon
Introduction: Throughout the centuries‚ media has played a key role in the development of companies and in the incubation of capitalism mutations. The history of media shows that media and its effects have been around since the beginning of humanity and have been conglomerating into different nations developing the methods of communication. According to the French radical theoretician Regis Debray‚ there are “three historical ages of transmission technologies: the logo-sphere‚ the grapho-sphere
Free Mass media Advertising Concentration of media ownership
In 1996‚ a 23-year-old named Kevin Plank‚ the former special teams captain for the University of Maryland football team invented a new product that would change the way athletes dress. Plank did not like having to work out and practice in sweaty cotton t-shirts‚ so after extensive research on athletic benefits of synthetic fabrics‚ he created the first Under Armour T-shirt‚ named the #0037. “Engineered with moisture-wicking performance fibers‚ the shirt helps keep athletes cool‚ dry‚ and light in
Premium Leadership University of Maryland College Park
Natural Capitalism by Amory Lovins (www.natcap.org) Capital - It’s the accumulated wealth in the form of investments‚ factories‚ and equipment. An economy requires four types of capitalism to function: 1. Human capital – labour & intelligence‚ culture and organization 2. Financial capital – cash investments‚ and monetary instruments 3. Manufactured capital – infrastructure‚ machines‚ tools and factories 4. Natural capital – resources‚ living systems & ecosystem services
Premium Capital Sustainability Capital accumulation