Topic > Capitalism Essay - 1749

CAPITALISMCapitalism is the result of a process in which economic activities and the relationships that carry these mechanisms have generated increasingly complex operations. PHASES OF CAPITALISMThe origins of capitalismFrom the 16th century, some European countries such as England and the Netherlands favored the development of commercial activities to obtain greater quantities of precious metals (gold, silver), it was believed that the wealth of nations depended on the accumulation of these metals. This was called mercantilism. This commercial activity, driven by states, benefited some specific factors of society, bourgeois merchants and bankers, and produced a significant accumulation of own capital. In the 18th century that capital was invested in the creation of the first industries. This pre-capitalist economic system called mercantile capitalism. Liberal capitalism. At the end of the 18th century, some European countries began a technological transformation of the means of production and the organization of production which is known as the industrial revolution. The factory and steam were the symbols of the revolution that laid the foundations of capitalism. This revolution affected the economy and affected the social or political organization. the two most characteristic traits of this capitalism are:1 -. The factories were small and employed a limited number of workers. Property and capital were, in most cases, of family origin. 2 - This time he more vigorously defended the idea of ​​economic freedom at all costs, hence the name liberal capitalism. Financial capitalism It took place from 1870 to 1914. Economic growth in this period was linked to the emergence of financial capital, paper men, an educational system hindered by vested interests, the division of society into numerous caste groups and social classes (rich and poor political parties, football fans, etc.), supply of mass media capitalists in order to install individualism and cultural corruption in the population through radio, television and other media. Capitalism through these known methods adapts and changes over time to perpetuate its dominance (laissez faire colonialism, military and economic imperialism, neocolonialism, mixed economy, multinational corporations, monopolies and oligopolies, etc.). To counter these methods, massive alternative cultural diffusion campaigns must be created through media such as radio, television, magazines, etc. .. Campaigns and mass movements should be launched to educate and alert the public about this type of exploitation