Hi friends again
Many times, we wonder what is the best political system for many it is capitalism, others say it is an evil system, but some of you will know that is capitalism? or concerned?
Capitalism is an economic system based on private ownership of the Means of production and Their operation for profit. Central Characteristics to capitalism include private property, the capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.
Economists, political economists, and historians have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free market capitalism, welfare capitalism, and state capitalism.
Capitalism has existed under many forms of government, in many different times, places, and cultures. Following the decline of mercantilism, mixed capitalist systems became dominant in the Western world and continue to spread.
Capitalism is "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole.
Capitalism as an economic system and mode of production can be summarised by the following:
- Capital accumulation: Production for profit and accumulation as the implicit purpose of all or most of production, constriction or elimination of production formerly carried out on a common social or private household basis.
- Private ownership of the means of production.
- The investment of money to make a profit.
Criticism of the capitalist system
Part of the critique of capitalism is the opinion that it is a system characterized by exploitation within the economy (unlike slavery and feudalism), the labor of man by instituting work as a commodity.
It is also responsible capitalism to generate many social inequalities. Such inequalities were accused during the nineteenth century, however notable improvements were experienced in industrialized countries throughout the twentieth century.
The environmental review sits which is based on constant growth and accumulation system.
Supporters of individualist anarchism and mutualism argue that capitalism was created on "an act of expropriation as massive as feudalism".
Now libertarian communism has also structured a critique of capitalism. This says that capitalism necessarily have to have the value of work borne on capital resources, and also be supported, to refrain from extinction, through exploitation.
Conclusion
In my personal opinion, the capitalist system has its advantages, as miscues, from the point where you look can be an evil system, I now think that different political systems that exist, absolutely none is perfect, I think the best system political is what brings comfort to people, I mean the combination of ideas, leading to a better political system, where there are doctrines.