The Capitalist Economy and its Prosthetics
| Autor: | Wächter, Gerhard H. |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2024 |
| Předmět: |
Capitalism
Capitalist Economy Prosthetics Money Creation Economy Politics Economic Sociology Economic Theory Systems Theory thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology thema EDItEUR::K Economics Finance Business and Management::KC Economics::KCA Economic theory and philosophy |
| Druh dokumentu: | book |
| DOI: | 10.14361/9783839472781 |
| Popis: | Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies, artificial transfers to the productive economy and to non-owners. But the funding of such prosthetic policies - through violent wealth appropriation abroad, protectionism, war, domestic expropriation and taxation, debt and money creation - is caught in dilemmas, while politicians are caught between non-solutions. According to Gerhard H. Wächter, the history of capitalist society is largely the history of this dilemmatic brotherhood. |
| Databáze: | OAPEN Library |
| Externí odkaz: |
|