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The term plutocracy is generally used as a pejorative to describe or warn against an undesirable condition. [3] [4] Throughout history, political thinkers and philosophers have condemned plutocrats for ignoring their social responsibilities, using their power to serve their own purposes and thereby increasing poverty and nurturing class conflict and corrupting societies with greed and hedonism.
The Pyramid of Capitalist System is a common name of a 1911 American cartoon caricature critical of capitalism, copied from a Russian flyer of c. 1901. [1] [2] The graphic focus is on stratification by social class and economic inequality. [3] [4] The work has been described as "famous", [5] "well-known and widely reproduced". [3]
Majority rule or parliamentary sovereignty vs. bill of rights or arbitrary rules with separation of powers and supermajority rules to prevent tyranny of the majority and protect minority rights; Rule according to higher law (unwritten ethical principles) vs. written constitutionalism; Separation of church and state or free church vs. state religion
Market anarchists recognize that anarchism has been historically identified with the socialist and anti-capitalist movement, arguing that anarcho-capitalists should explicitly reject capitalism and identify with the global anti-capitalist movement since by capitalism they mean the free market rather than actually existing capitalism, [264] [265 ...
The Politically Incorrect Guide to the Constitution The Politically Incorrect Guide to Capitalism is a 2007 book by Austrian school economist Robert P. Murphy . [ 1 ] It is the ninth book in the Regnery Publishing The Politically Incorrect Guides (P.I.G.) series.
A periodization of capitalism seeks to distinguish stages of development that help understanding of features of capitalism through time. The best-known periodizations that have been proposed distinguish these stages as: Early / monopoly / state monopoly capitalism ; Free trade / monopoly / finance capitalism
Noteworthy is the way that Schumpeter points out the difference between the capitalist and the entrepreneur, a distinction that he claims Karl Marx would have been better served to have made (p. 52). The analysis of Marx is broken down into four roles which Schumpeter ascribes to him (prophet, sociologist, economist, and teacher).
Capitalism, Alone: The Future of the System That Rules the World is a 2019 nonfiction book published by Harvard University Press by Branko Milanovic, an economist at the Stone Centre on Socioeconomic Inequality at the City University of New York.