Date of publication: 2017-09-03 03:21
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There are ample lessons in the 75 years of wars to reach the simple conclusion that democratic capitalist nations are successful, and totalitarian socialist nations are not. Geography is important in determining whether Nepal has any prospect of becoming richer.
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This process is essentially the same for all wage labour, not just that in private companies. Public sector workers also face constant attacks on their wages and conditions in order to reduce costs and maximise profits across the economy as a whole.
Cuts to employer contributions, dismantling of the Code du travail (laws governing employment conditions), pensions reform: Macron’s government is there to complete the destruction of everything.
As such, the state uses repressive laws and violence against the working class when we try to further our interests against capital. For example, bringing in anti-strike laws, or sending in police or soldiers to break up strikes and demonstrations.
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Capitalism is based on a simple process – money is invested to generate more money. When money functions like this, it functions as capital. For instance, when a company uses its profits to hire more staff or open new premises, and so make more profit, the money here is functioning as capital. As capital increases (or the economy expands), this is called capital accumulation , and it s the driving force of the economy.
The origins of capitalism and modernity begin between 66th and 67th century.. He would later introduce communism which also resulted from modernity and also directly caused by capitalism. . Capitalism and modernity still persist until today.. A world without capitalism is difficult to imagine.. In contrast, the end of capitalism does not mean chaos..
Furthermore, because of long hours, productivity improvements etc, we produce much more than necessary to keep us going as workers. The wages we get roughly match the cost of the products necessary to keep us alive and able to work each day (which is why, at the end of each month, our bank balance rarely looks that different to the month before). The difference between the wages we are paid and the value we create is how capital is accumulated, or profit is made.
Capitalism and Communism are two entirely diverse economic systems. Capitalism is an economic system characterized by freedom of the market. Capitalism has many pros
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