Capitalism

About: Capitalism is a research topic. Over the lifetime, 27714 publications have been published within this topic receiving 858042 citations.

The Terror of Neoliberalism: Rethinking the Significance of Cultural Politics

Abstract: If there is a class war in America, my side is winning. (Warren Buffet qtd. in Woodward 2004, para.47)In 1945 or 1950, if you had seriously proposed any of the ideas and policies in today's standard neo-liberal toolkit, you would have been laughed off the stage or sent off to the insane asylum. . . . The idea that the market should be allowed to make major social and political decisions; the idea that the State should voluntarily reduce its role in the economy, or that corporations should be given total freedom, that trade unions should be curbed and citizens given much less rather than more social protection-such ideas were utterly foreign to the spirit of the time. Even if someone actually agreed with these ideas, he or she would have hesitated to take such a position in public and would have had a hard time finding an audience. (George 1999, para. 2)Just as the world has seen a more virulent and brutal form of market capitalism, generally referred to as neoliberalism, develop over the last thirty years, it has also seen "a new wave of political activism [which] has coalesced around the simple idea that capitalism has gone too far" (Harding 2001, para.28). Wedded to the belief that the market should be the organizing principle for all political, social, and economic decisions, neoliberalism wages an incessant attack on democracy, public goods, and non-commodified values. Under neoliberalism everything either is for sale or is plundered for profit. Public lands are looted by logging companies and corporate ranchers; politicians willingly hand the public's airwaves over to powerful broadcasters and large corporate interests without a dime going into the public trust; Halliburton gives war profiteering a new meaning as it is granted corporate contracts without any competitive bidding and then bills the U.S. government for millions; the environment is polluted and despoiled in the name of profit-making just as the government passes legislation to make it easier for corporations to do so; public services are gutted in order to lower the taxes of major corporations; schools more closely resemble either malls or jails, and teachers, forced to get revenue for their school by adopting market values, increasingly function as circus barkers hawking everything from hamburgers to pizza parties-that is, when they are not reduced to prepping students to take standardized tests. As markets are touted as the driving force of everyday life, big government is disparaged as either incompetent or threatening to individual freedom, suggesting that power should reside in markets and corporations rather than in governments (except for their support for corporate interests and national security) and citizens. Citizenship has increasingly become a function of consumerism and politics has been restructured as "corporations have been increasingly freed from social control through deregulation, privatization, and other neoliberal measures" (Tabb 2003, 153).Corporations more and more design not only the economic sphere but also shape legislation and policy affecting all levels of government, and with limited opposition. As corporate power lays siege to the political process, the benefits flow to the rich and the powerful. Included in such benefits are reform policies that shift the burden of taxes from the rich to the middle class, the working poor, and state governments as can be seen in the shift from taxes on wealth (capital gains, dividends, and estate taxes) to a tax on work, principally in the form of a regressive payroll tax (Collins, Hartman, Kraut, and Mota 2004). During the 2002-2004 fiscal years, tax cuts delivered $197.3 billion in tax breaks to the wealthiest 1% of Americans (i.e., households making more than $337,000 a year) while state governments increased taxes to fill a $200 billion budget deficit (Gonsalves 2004). Equally alarming, a recent Congressional study revealed that 63% of all corporations in 2000 paid no taxes while "[s]ix in ten corporations reported no tax liability for the five years from 1996 through 2000, even though corporate profits were growing at record-breaking levels during that period" (Woodard 2004, para. …

Gender, Capitalism and Globalization:

Abstract: Gendering the discourse of globalization will help to develop a better understanding of globalization processes and their consequences for women and men. I argue that gender processes and ideologie...

Class Struggle and the Industrial Revolution : Early Industrial Capitalism in Three English Towns

Abstract: Class Struggle and the Industrial Revolution represents both a continuation of, and a stark contrast to, the impressive tradition of social history which has grown up in Britain in the last two decades. Its use of sophisticated quantitative techniques for the dissection of urban social structures will serve as a model for subsequent research workers. This work examines the impact of industrialization on the social development of the cotton manufacturing town of Oldham from 1790-1860; in particular how the experience of industrial capitalism aided the formation of a coherent organized mass class consciousness capable by 1830 of controlling all the vital organs of local government in the town. This will be a useful study to any student of the industrial revolution.

Entrepreneurship and Dynamic Capitalism: The Economics of Business Firm Formation and Growth

Abstract: The Dynamics of Economic Growth Dynamic Capitalism's Conflict with General Equilibrium Economics Schumpeter's Theory of Creative Destruction The Dynamic Capitalism Typology Data Systems to Support Dynamic Capitalism Data Foundations for Measuring Firm Dynamics Evidence of Dynamic Capitalism in the U.S. Economy Entrepreneurial Success: New Firm Survival Measuring New Firm Formation and Economic Growth The Future of Dynamic Capitalism References Index

Models of Capitalism: Growth and Stagnation in the Modern Era

Abstract: Preface. 1. Capitalist Models and Economic Growth. Part I: Capitalist Models: The Arguments: . 2. Liberal Capitalism: Retreat and Revival?. 3. 'Trust-Based' Capitalism: Revival and Retreat. Part II: Capitalist Models: The Evidence: . 4. The Power of Organized Labour. 5. Education, Training and Culture. 6. The Organization of Capital in the Pursuit of Growth. 7. The State as an Element in the Growth Equation. Part III: Conclusion: . 8. Capitalist Models and the Politics of the Left. Appendix: Theories of Growth. References. Index.