Learning Paths » 5A Interacting
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