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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.
Gold – capitalism, classical liberalism, right-libertarianism Green – agrarianism, anarcho-egoism, anarcho-primitivism, capitalism, environmentalism, Islamism, green anarchism, green politics, black nationalism, Irish republicanism Gray – independent politicians Lavender – LGBT movements, transgender rights movement Magenta – centrism
In their study "Piketty and Plutonomy: The Revenge of Inequality" they state that in the long term the drivers of the further concentration of wealth are intact, including globalization and capitalism-friendly governments. However, they warn that in the short-term there is potential for a backlash.
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
Although laissez-faire has been commonly associated with capitalism and anarcho-capitalists advocate such a system, there is a similar left-wing or socialist laissez-faire [218] [219] system called free-market anarchism, also referred to as free-market anti-capitalism and free-market socialism to distinguish it from laissez-faire capitalism.
The term indicated not only the difference between fascism and capitalism, but also between communism and fascism. In one of his last interviews before his death in 1945, Mussolini told journalist Ivanoe Fossani that "we are proletarian nations that rise up against the plutocrats" and that "I am more convinced than ever that the world can not ...
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