capitalism

Capitalism is a system of economic ownership where profits are based on the sale of goods and services at a higher cost than the original manufacturing or labor costs. The profits are then invested, allocated to shareholders and reinvested into the corporation to produce more products and service, thereby repeating the cycle.

The benefit of capitalism is that it encourages entrepreneurship and economic growth. There is an incentive to work as such efforts have the possibility of amassing one wealth. The excesses of wealth can then be invested or given to charitable organizations, which also promote philanthropy.

The disadvantage of capitalism pertains to the process wherein products are manufactured. Manufactures will always seek to minimize their labor cost, which maximizes their profit margins. This “race to the bottom” has been argued as a form of economic exploitation.

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Latest blogosphere posts tagged “capitalism”

• China Turns To Adam Smith [While The West Turns To Marx!]

  
  Stupidica — Authority: 166
  China Turns To Adam Smith It won’t surprise you to learn that whereas in one hemisphere sales of Marx’s Communist Manifesto have rarely been stronger, the other is devouring Adam Smith like never before. 16 Nov 2009 What is more unexpected is that it is China that has an appetite for the father of modern capitalism, ...
  1 hour ago

• Guest Post: The Untapped Energy Riches Of Uzbekistan

  
  zero hedge — Authority: 771
  Submitted by John C.K. Daly of Oilprice.com The Untapped Energy Riches of Uzbekistan While many Western investors remain fixated on somehow acquiring a slice of Turkmenistan’s natural gas riches, despite a recent scandal over the country’s actual reserves, there is another country further east whose energy ...
  5 hours ago

• Daft Punk On Money, Control, and Freedom

  
  Toronto Thumbs — Authority: 135
  I’ve been playing a lot of DJ Hero lately and getting into a lot of musicians that I really should have kept up with. Daft Punk, in particular, is a group whose music I liked in my early college years but I never got around to purchasing their follow-ups to Homework . Playing mixes of their music in DJ Hero has ...
  6 hours ago

• Backwards Ran The Schizophrenia, Until Reeled The Mind

  
  Ed Driscoll — Authority: 150
  Or, two, two, two magazines in one! When Wolcott Gibbs coined his famous satire of the breathless tone of the early Time magazine writers of the 1930s (also parodied in the writing of the brilliant “News On The March!” faux-newsreel in Citizen Kane), he didn’t know the half of it. On Saturday, I mentioned ...
  7 hours ago

• The Role of Starvation in Capitalism

  
  Talk Islam — Authority: 543
  Food Summit Opens With Censure of Greed, Speculation By Karl Maier and Jeffrey Donovan Nov. 16 (Bloomberg) — A United Nations summit on food security opened with leaders slamming rich nations for worsening world hunger by allowing speculation in agricultural markets and using subsidies that hurt production in ...
  9 hours ago

• BEN ROSS ON THE LOSERS OF CAPITALISM

  
  Viceland Today — Authority: 145
  Ben Ross is this young guy who made drawing cats his profession–you may remember his drawings in our No Photos Issue . He’s drawn so many of them that by now he is kind of fed up with them, so he decided to publish them all in a fanzine and rid his system of them for good. We met him to discuss protest, anger, ...
  9 hours ago

• Unique–cash generating for you

  
  Social Media Central — Authority: 123
  [IMG: http://images.website.ws/images/english/banners/kvmlm2/468x60_01.gif]
  9 hours ago

• Download Capitalism A Love Story

  
  Dapx - Published news — Authority: 174
  This is the internet store with new and excited movies like Capitalism A Love Story . Here you can download movies free for the rest of your life.
  10 hours ago

• "DONT BE A SUCKER!" (1947). HOW ABOUT 2009+?

  
  REAL LIBERAL CHRISTIAN CHURCH — Authority: 128
  Dont Be a Sucker! (1947) "Dont Be a Sucker!" (1947). How about 2009+? Tell it to the banksters who have arranged things so all those common people in the film will have to pay the banksters 23-trillion dollars in additional taxes to bail out those banksters who actually crashed the U.S. economy for just that ...
  10 hours ago

• Fixing TARP: Is Transparency Enough?

  
  OpenMarket.org — Authority: 665
  The House is voting today on a bill to improve transparency in the TARP bailout program. TARP is, shall we say, rather opaque. 25 different agencies administer TARP funds. Each one uses different accounting standards. Keeping track of everything is almost impossible. I wrote an article not too long ago saying that ...
  11 hours ago

• Ignorant Armies Clash By Night

  
  Catholic and Enjoying It! — Authority: 604
  Michael Moore criticizes capitalism for being what it sometimes is: ruthlessly opposed to the gospel of Jesus Christ . He, being Michael Moore, naturally draws dumb conclusions from this but, not to be outdone, defenders of capitalism are now attempting the feat of elevating capitalism to a cornerstone of Gods ...
  12 hours ago

• It’s not Congress. It’s legalized corruption. Time to end it.

  
  Scholars and Rogues — Authority: 544
  Former Rep. William J. Jefferson, a Louisiana Democrat, is off to prison . In August, a jury told him that bribery, racketeering and money laundering were not acceptable behaviors for anyone, let alone a member of Congress. As a felon, Jefferson has had equally despicable company : Rep. Andrew J. Hinshaw, R-Calif. ...
  12 hours ago

• Lawrence Alabama Search Engine Optimization

  
  Ranked1.net — Authority: 134
  Search Engine Optimization That Will Dramatically Increase Your Sales. Search engine optimization is a crucial skill for anyone trying to market a site online. It’s basically increase the volume of quality traffic that goes to a website from the search engines. It’s normal that the higher a site shows in the ...
  12 hours ago

• “Pelosicare” bill passes in House, but what’s the point?

  
  Real Health Reform — Authority: 116
  COMMENTARY : As the Senate prepares to vote on its version of health reform this week – reform may be a very misused word in this case – we can reflect on what the House accomplished last week. First, we learned that with strong partisan discipline you can get most of your ducks in a row and win a ...
  13 hours ago

• Dallas Texas Search Engine Optimization

  
  Ranked1.net — Authority: 134
  Search Engine Optimization That Will Dramatically Increase Your Sales. Search engine optimization is a crucial skill for anyone trying to market a site online. It’s basically increase the volume of quality traffic that goes to a website from the search engines. It’s normal that the higher a site shows in the ...
  14 hours ago

• Banks Move to Grab Gold as Dollar Fades

  
  Therearenosunglasses's Weblog — Authority: 605
  BlackRock says c.banks to be net buyers of goldNov 16 2009 12:44am ESTGold items are displayed for sale at a shop in Hanoi November 12, 2009. REUTERS/Kham By James ReganSYDNEY (Reuters) – Central banks will be net buyers of gold this year as they diversify away from the U.S. dollar, marking [...]
  14 hours ago

• Why Place Your Bet On The Horse That Always Loses?

  
  Publius Forum — Authority: 482
  -By Thomas E. Brewton Why believe that Obamacare will “bend the cost curve,” when government has repeatedly failed to cut costs of existing healthcare entitlements? The Obama administration and fellow liberal-progressive-socialists in Congress have based much of their rationalization for Obamacare on its ...
  15 hours ago

• TV and Radio have been given a green light to insult and disparage working class people.

  
  ORGANIZED RAGE — Authority: 493
  Once again we are living though a period when it is perfectly acceptable for the mass media to insult working class people, often for no better reason than ‘some’ of them live on Council Estates. Indeed LBC, one of London’s most popular ‘talk radio’ stations does this daily. Tune into this station and ...
  15 hours ago

• Cleaned by Capitalism XIX

  
  Cafe Hayek — Authority: 672
  “Saves lives, saves souls” — as wonderfully described by reader Charlie Quidnunc, who deserves a hat tip for drawing my and Russ’s attention to this further addition to the Prosperity Pool .
  16 hours ago

• THE FASCISTS ARE TRYING TO STOP THE CHURCHES FROM FEEDING THE POOR. TAKE A STAND FOR RIGHTEOUSNESS.

  
  REAL LIBERAL CHRISTIAN CHURCH — Authority: 128
  My post on the Anti-fascist Facebook Group: The Fascists are trying to stop the Churches from feeding the poor. Take a stand for righteousness. Visit the site and leave a supportive comment as soon as you can. Dont let any religious differences stand in the way on this, please. Im not a Methodist, but I stand with ...
  16 hours ago

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