Sam Jordan

Labour Stu choke offs Voice, Resistance and Change 1C03E Thursday September 15, 2011 What is die? Introduction to capitalism and Work under capitalism What does this key me virtually the musical themes of freedom, democracy, and equality? at presents Questions: What is Capitalism? What does work sort like under capitalism? Todays Concepts: *Capitalism: a type of economicalal transcription *Economic Systems: the way we coordinate the production and distribution of goods in the society. -The economic system affects each aspect of human behavior from how and what we produce and consume and how we contact to each other. -The current economic system we live in today is called capitalism -A nonher grievous thing to understand is that it is not ineluctably natural kernel that capitalism is human made. We as manhood structured our society. Because capitalism is human made, this also means that it is not something that has always existed, nor volition it always exist. -In fact, capitalism is a very recent economic system.

For example, Jim Stanford, the chief economist for the Canadian autoworkers the account of homosepians, as a 24-hour day, then capitalism has existed for 2 minutes -What he is verbalism is that if we look at history of humans, it has only exited for a poor period of time -Most of human history has been characterized in all-embracing ways of producing and distributing goods. -There are lots of different types of economic systems, many of which have existed for centuries. -Some basic characteristics of capitalism: -Most work performed by bundle that do not own the c! ompany they work in, nor do they own what they produce. -To understand this, we must look at the base of profit/ surfeit value. *Profit/Surplus Value: the surplus money that owners make from change their product. Surplus comes directly from interchange the product for more then what it costs to produce it. -Capitalism of necessity creates huge inequalities between the thick and the poor. The flush get rich by...If you want to get a full essay, order it on our website: BestEssayCheap.com

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