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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Original Technorati articles tagged “capitalism”

• in Politics
  Occupy Wal-Street: In the Days of Oliver
  As Winter sets in at New York, the Occupy Wall Street protesters go into overdrive ..
  by mariorozario / on Dec 18, 2011
• in Technorati Women
  Femininity on sale
  How fashion industry is now openly using men to tell women how they should be and become women.
  by karmenca / on Dec 14, 2011
• in Politics
  Mitt - Gingrich Out Demonize Each Other In Obama Style Class Warfare Attacks
  Why were the executives of TAXPAYER funded Freddie Mac and Fannie Mae able to walkaway with multi-million dollar bonuses?
  by theedje / on Dec 13, 2011

Latest blogosphere posts tagged “capitalism”

 

• Karl Marx is never going to provide therapy for bankers | Jason Barker

  
  top99news - breaking news from the world top newspapers — Authority: 165
  http://www.guardian.co.uk Karl Marx is never going to provide therapy for bankers | Jason Barker Faced with a crisis in capitalism, Marx is back on people’s lips. But he’s not the benign saviour many want him to beSince the beginning of the global recession everyone from the literary critic Terry ...
  23 hours ago

• Sheila Bair: Break Up the Big Banks

  
  Common Sense Capitalism — Authority: 115
  The former FDIC chair makes some compelling arguments for big bank break-ups.
  1 day ago

• NY GOP Smells Hypocrisy in Sen. Kirsten Gillibrand’s Support for Ban on Insider Trading

  
  Lake Minnetonka Liberty — Authority: 135
  On Tuesday, the New York Republican State Committee issued a press release blasting Sen. Kirsten Gillibrand (D-NY) for cosponsoring a ban on insider trading when her husband shorted housing stocks 34 times and made a “killing” during a period when she was “privy to inside information.” The New York GOP press ...
  1 day ago

• The Next Marx? By John Feffer

  
  Creative-i — Authority: 121
  he financial crisis and the Occupy movement have convulsed the political spectrum along a different dimension. The political categories of Right and Left—which derives from where opposing representatives, royalists versus radicals, sat in the French national assembly around the time of the 1789 revolution—have ...
  1 day ago

• 돈이면 다인 세상 - 서비스까지 돈으로... money talks - paying for service

  
  Divinus Realm... — Authority: 113
  뭐 특별히 한국이라고도 안하겠다... 한국뿐만이 아니라 세계 어느곳을 가더라도 마찮가지이기 때문에... i wont say its only Koreans; such is the case all over the world... 바로 돈이면 다라는 계념이다... its money talks... 이 계념은 어디서 시작했을까? ...
  2 days ago

• Obamas Class Warfare Totally Distorts the Facts

  
  Common Sense Capitalism — Authority: 115
  In the state of the union address, President Obama spent a few minutes about how the rich arent paying their fair share of taxes. He pointed out, once again that Warren Buffett pays a lower tax rate than his secretary. He has added in the past that even Buffett thinks thats not fair. Barack Obama believes that ...
  2 days ago

• Conor McCabe on Unlock NAMA

  
  The Cedar Lounge Revolution — Authority: 121
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• Quick Thought: Can the Government Regulate an Entity That They Own?

  
  Common Sense Capitalism — Authority: 115
  The Chevy Volt investigation is closed without recalls, despite possible battery fires in the early models. I think about the difference between this and Toyota. I guess it pays when your regulator is your owner!
  3 days ago

• The Nature and Effects of Imperialism by Fazal Rahman, Ph.D.

  
  Dandelion Salad — Authority: 496
  by Fazal Rahman, Ph.D. Guest Writer Dandelion Salad Originally published on imperialismandthethirdworld.wordpress.com January 31, 2012 Multidimensional and complex nature and effects of imperialism on democracy, society, nature, and human nature “At the same pace that mankind masters nature, man seems to become ...
  3 days ago

• Will the new Thabo Mbeki please speak up?

  
  Thought Leader — Authority: 419
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  3 days ago

• Obamas SOTU: Military Mayhem & 3d-Wrld US Job/Wage Bullshit

  
  Corrente — Authority: 550
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  3 days ago

• Straya

  
  Anarchoblogs — Authority: 139
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• Gray Lady Down: Has the London Daily Mail Overtaken the NY Times?

  
  Ed Driscoll — Authority: 120
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  4 days ago

• Spain vs. Italy: Why Spain May Have a Larger Problem

  
  Common Sense Capitalism — Authority: 115
  Back in August, as the debt crisis was heating up, the interest rates on 10 year Spanish and 10 year Italian bonds were moving in tandem. Then, in December, the gap between Italy and Spain began to widen. At times this month, the gap was near 200 basis points. Recently, the gap has narrowed, but my research is ...
  4 days ago

• Non-​speaking beings

  
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  W. is impressed by my stammer.—‘You stammer and stutter’, says W., ‘and you swallow half your words. What’s wrong with you?’ Every time I see him, he says, it gets a little worse. The simplest words are beginning to defeat me, W. says. Maybe it’s mini-strokes, W. speculates. That would account for ...
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• "Irish Voters are unlikely to endorse a European Austerity Treaty in 2012" by Nat OConnor

  
  Social Europe Journal — Authority: 120
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  4 days ago

• Sundays with Sherrod: China Envy

  
  Big Government — Authority: 771
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  4 days ago

• Special From Gainesville Sun: Banquet speaker talks class, money

  
  John Hope Bryant — Authority: 423
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• The HMRC dispute and the need to defy strike laws

  
  Anarchoblogs — Authority: 139
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• Crush Occupy Rondebosch common

  
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  It’s been a glorious summer in Cape Town. The heatwave had one and all at swimming pools and beaches all over the Cape. Long Street was packed with clubbers and tourists from all over the world. Drinks flowed freely: Hennessy, Bacardi, Hunters, Carling, you name it. Sadly, it was spoiled by talk of our beloved...
  4 days ago

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