Capitalism and Culture
The works of Smith, Marx, Freud and Wolf center around the history of capitalism and its meanings as it has emerged from the west: first from western Europe and subsequently from the United States of America. However, this is not the only light in which world economy might be seen. There are various economic systems that are viable in various cultures. These will be considered in terms of the above-mentioned authors, together with authors who write from a different perspective, including Sahlins and Appadurai.
Western Capitalism.
The main characteristic of the capitalist system is that those who produce actual goods are employees. They do not own and cannot buy their own equipment and materials. Through this system, and especially through the advent of the machine, workers have been separated form the production process. Such displacement has occurred through coercion, especially during the early stages of the system, and also in less developed countries. Thus globalization has also to some degree caused such separation in countries where capitalism is being enforced. Another aspect of this is that the worker's resources are insufficient to compete with those of large capitalist firms. A further symptom of capitalism is the change in lifestyle. This is one major component discussed by the list of authors in cross-cultural works, which will be considered later. The lifestyle change, brought about by capitalism, and the "civilization" of the west, is a certain amount of work hours per day, with a certain fixed salary, by which a more "modern" lifestyle of leisure and consumption could be pursued. Thus capitalism is made possible by the fact that producers do not have the means of production. The worker hires out what he has; labor power, which earns wages, and thus the capitalist lifestyle.
Capitalism is also what initiated the process of globalization. Before the era of this system, national or local economies had diverse methods of production. With the rise of capitalism and its associated economic means of mass production and profit against competition, the pressure has grown to beat the competition by expanding to other countries through imports and exports. In this way also factories and business could be started in different countries for less than the cost in the original country. Thus the capitalist system grew and expanded, eventually...
52). Furthermore, Marx felt that money had "deprived the whole world, both the human world and nature, of their own proper value. Money is the alienated essence of man's work and existence; this essence dominates him and he worships it..." (Strathern, 2001, p. 52). From Marx's point-of-view, owners or holders of capital were in a position to exploit workers because of their "systematically privileged position within the market" (Pierson,
Capitalism Is Moral Questioning the Morality of Capitalism: Moral, Immoral, or Amoral? "To trade by means of money is the code of the men of good will. Money rests on the axiom that every man is the owner of his mind and his effort. Money allows no power to prescribe the value of your effort except by the voluntary choice of the man who willing to trade you his effort in return.
Capitalism and the Global Environment A framework has been formed by capitalism according to which the world is not responding to the environmental changes. Capitalism produces (or is formed by) a number of environmental changes and lays down the foundation for the social relations and for all the political institutions. This thus demonstrates our potential to respond to the changing environment very efficiently. But still the learners of global environmental change
Hochschild certainly has excellent examples for the needs of such a realization in people, particularly Americans, especially when one considers how much more time at work people spend in this country compared to others, as well as how much money they think they need to have "everything they want." The fact of the matter remains, that when one gains an awareness of the perception that capitalism is, as Henry
Capitalism: A Love Story Michael Moore's Capitalism: A Love Story Michael Moore is an expert at tugging on viewer's heart strings, and never passes up an opportunity to do so in Capitalism: A Love Story -- even though the docu-tragi-comedy would have been better without so much bathos. Moore's main problem lies where it always does: with him focusing the camera on humanity's tragedies and milking them for all their worth. It
Culture of Narcissism" By Christopher Lasch Current paper is a report on 'The Culture of Narcissism: American Life in an Age of Diminishing Expectations' written by Christopher Lasch. The book was first published in 1979. The author will focus on why the 1950s were simpler times as compared to modern era. The author will also discuss the theme and topic of the book and critically analyze the depiction of contemporary culture
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