A crisis of capitalism is a collapse of the capitalist system due to excessive production, marginalization of workers, and wealth inequality. Marxist theory identifies three main areas of crisis: increased employment rates, fluctuating demand, and reduced consumer demand. Notable crises include the Great Depression and the global financial crisis. A crisis of capitalism is a […]
Social capitalism blends the free-market sensitivity of capitalism with the social welfare of socialism, using government involvement to raise the earning potential and living standards of the lowest economic strata. It seeks to increase both market participation and the potential for market profit, while protecting lower-level employees without unduly inhibiting business practice. Social capitalism is […]
Emergency capitalism is the generation of profits based on disasters, such as natural disasters or marketing products in an anxiety-generating way. Proponents argue it is no different from promoting any consumer product, while detractors say it can be politically motivated and generate fear to justify certain actions. Emergency capitalism is a term that refers to […]
