capatilism

A detailed Summary of capatilism

The distinguished in the nineteenth century and it's collapse in the twentieth century have led to similar, though much slower and less obvious, process in the course of modern science. Today's frantic development in the field of technology has a quality reminiscent of the days preceding the economic crash of 1929. The clearest evidence of it may be seen in such comparatively young sciences such as psychology and political economy. In psychology, one may observe the attempt to study human behavior without reference to the fact that man is conscious. In political economy, one may observe the attempt to study and device social systems without reference to man. Political economy came into prominence in the 19th century, in the era of philosophies post kantian disintegration, and no one rose to check its premises or to challenge its base. Political economist-including the advocates of capitalism-defined their sciences as the study of management or direction or organization or manipulation of "community's" or nations resources. The author goes on to say that the European culture regarded material productions as work that should be done by slaves or serfs but not first class citizens. It must be remembered that the instit

In a capitalist society, all human relationships are voluntary. Men are free to cooperate or not, to deal with one another or not, as their own individual judgments, convictions, and interests dictate. They can deal with one another only in terms of and by means of reason, i.e. by means of discussion, persuasion, and contractual agreement, by voluntary choice, by voluntary choice of mutual benefit. The right to agree with others is not a problem in any society; it is the right to disagree that crucial. It is the institution of private property the protects and implements the rights to disagree-and thus keeps the roaf open to man's most valuable attribute (valuable personally, socially, and objectively): the creative mind.

The recognition of individual rights entails the banishment of physical force from human relationships: basically, rights can be violated by only means of force. In a capitalist society, no man or group may initiate the use of physical force against others. The only function of the government is such a society is, the task of protecting man's rights, i.e. the task of protecting him from physical force. The author goes on to say that the only time the government can use force is when there is retaliation.

If some men do not choose to think, they can survive only by imitating and repeating a routine of work discovered by others-but those others had to discover it, or none would have survived. If men do not choose to think or to work, they can survive (temporarily) only by looting the goods produced by others-but those others had to produce them or none would have survived.

Such there is no such entity as "society" since society is only a number of individual men, this meant, in practice, that the rulers did not abide by the moral laws only subject to traditional rituals, they held tota

Some common words found in the essay are:
, United America, physical force, private property, political economy, social surplus, observe attempt study, institution private property, institution private, previous systems, human relationships, task protecting, law principle, observe attempt,

Approximate Word count = 1228
Approximate Pages = 5 (250 words per page double spaced)

Category: History