Question

In: Economics

Briefly explain how capitalism sows the seeds of its own destruction.?

Briefly explain how capitalism sows the seeds of its own destruction.?

Solutions

Expert Solution

It can be mentioned that according to Marx, there would be a desire to profit for wealthy individuals as a result of which capitalism results ultimately in class creation between the the owner and worker and this can ultimately save a path for revolt against the owners and this can collapse the entire system on the whole. That is the reason why he believed that capitalism is a way where the seeds are sown by the own system for self destruction

Rahul Sunny answered 1 year ago
Next > < Previous

Related Solutions

1.    How can cartels sow the seeds of their own destruction? 2.    How are the professional sports leagues...
1.    How can cartels sow the seeds of their own destruction? 2.    How are the professional sports leagues like a cartel? ECONOMICS
Briefly define, in your own words, the concepts of capitalism and socialism. Then list three pros...
Briefly define, in your own words, the concepts of capitalism and socialism. Then list three pros and cons of each.
Explain the concept of sustainable development and discuss its importance in the context of destruction of...
Explain the concept of sustainable development and discuss its importance in the context of destruction of natural resources for business purposes. Critically examine the various sustainable development initiatives taken by Alcoa over decades.                       Analyze the role of the natural resources on sustainable economic development in United Arab Emirates initiative carried by Alcoa.
Explain free market capitalism Describe creative capitalism Explain the three advantages of creative capitalism in relation...
Explain free market capitalism Describe creative capitalism Explain the three advantages of creative capitalism in relation to businesses Explain the concept of corporate social responsibility using two examples of socially responsible companies . Clearly and concisely support your examples and explain why these companies are considered socially responsible. Comment on Gates’ creative capitalism. Do you think that creative capitalism can become the future of capitalism in the U.S.?
Briefly describe how the work of [Adam] Smith on free-market capitalism contributed to the development of...
Briefly describe how the work of [Adam] Smith on free-market capitalism contributed to the development of Darwin/Wallace's mechanism of natural selection.
Marxian economic theory criticizes capitalism systemically, explain how the basic Marxian analysis of capitalism supports this...
Marxian economic theory criticizes capitalism systemically, explain how the basic Marxian analysis of capitalism supports this criticism
((Crisis of Capitalism )) define the term and explain the context for its usage and why...
((Crisis of Capitalism )) define the term and explain the context for its usage and why it is important.
For a ssRNA- virus, explain how it Replicates its genome, and expresses its own genes.
For a ssRNA- virus, explain how it Replicates its genome, and expresses its own genes.
Briefly answer using at least one economic term please. Explain the term “laissez faire capitalism.”
Briefly answer using at least one economic term please. Explain the term “laissez faire capitalism.”
c. List the four steps involved with the phagocytosis and destruction of a microbe? Briefly describe...
c. List the four steps involved with the phagocytosis and destruction of a microbe? Briefly describe what is occurring in each step d.   Briefly describe one way a pathogen could escape phagocytosis
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT