Learning Paths » 5B Interacting
C for CAPITALISM
In this gallery of quotations, you caqn mostly read negative perspectives of Capitalism: in Marx (as racket of ruling class), in Keynes (worst than banknotes under town rubbish), in Klein (crisis to crisis) and in Sowell (it knows only one colour).
There are also some different ideas like the ones of Smile's one and Xiaoping's one.
Hoffer and Schumpter considered it like a self-deleting process: Capitalism kills itself.
Only Mr. Churchill and Mr. Schumpter proviide a wider perspective of the system of supply and demand. W. Churchill was able to identify with both opposite and favourable points of view, even if his idea of capitalism was a positive one.
Schumpter was able to give an objective definition of the essence of capitalism not being influenced by his position.