EconoFiction

The Origins of Capitalism as a Social System

13 Sep , 2018  

Chapter 1 highlights the fundamental characteristics that, in their interconnectedness, distinguish capitalism from all other social systems: (i) wage labour, (ii) monetization of the whole economy (money-begetting money), (iii) concentration of the means of production and dissociation of the capitalist from the labour process as such, (iv) free competition and ...

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