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ESelvazzo - A Crisis of Capitalism
by ESelvazzo - (2012-10-08)
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CAPITALISM

The blog is called Schumpeter: he is an important economist who provided the best definition of Capitalism, that is creative destruction.

The subtitle, Business and management, make the reader understand about what will be the article about. The introduction provides a general definition of the word “capitalism”, that isn't a unfixable definition, it is considered multifaceted.

The blog is composed by quotations: by important and famous figures for their political, economical or social deeds. In the text we can find different opinions, positive and negative ones, about capitalism. More frequent are the negative connotations of capitalism, by Winston Churchill, Joseph Schumpeter, Thomas Sowell and others.

Capitalism is a very actual point of reflection and discussion, because it contemporary takes well-being and destruction in the whole world.

 

 

 

Economic semantic field:

New Deal

Eurobonds

Eurozone

Privatized-keynesianism

Private debt

Interest rate spread

Austerity

Deficit

Stagnation

Inflation and Anti-inflationary stand

Interest rates

GDP

Rating agency