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The growth of anti-capitalism in the world - Research Paper Example

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This paper “The growth of anti-capitalism in the world “focuses on the examination of the growth of anti-capitalism worldwide and its impact on US multinational companies. The literature published in the particular field is reviewed and presented, aiming to show the key elements of anti-capitalism…
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The growth of anti-capitalism in the world
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Download file to see previous pages nti-capitalism are differentiated in countries worldwide, as explained below, it is necessary for the relevant plans to be appropriately aligned with the local culture and rules. 2. Anti-capitalism in the international community 2.1 The context of anti-capitalism Anti-capitalism is a movement trying to confront the development of capitalism, as the specific concept was described by theorists and economists worldwide. In this way, in order to identify the elements of anti-capitalism, it would be necessary to understand the characteristics and the role of capitalism. In accordance with Fabra (1993) capitalism can be defined as ‘the system enabling man to regain the full value of the product of his labor’ (Fabra 1993, 139); the above explanation is based on the terms that capital is considered as ‘the accumulated product of labor’ (Fabra 1993, 140). As explained above, capitalism leads to a series of practices for accumulating the wealth – the one spent for acquiring the product. However, the practical implications of this process are many. For this reason, capitalism has been negatively criticized, as of its involvement in the development of social inequalities. This fact is made clear in the theory of Marx, who supported that as capitalism grows, the purchasing power of laborers is reduced (Fabra 1993, 23); the increase of unemployment is, in accordance with Marx, another implication of capitalism which, in any case, is considered as quite difficult to be controlled. Currently, it seems that the above efforts towards the limitation of capitalism have been fully justified. The high increase of the power of multinational corporations has led to their independency towards the governments; in this way, the rules of trade internationally have been negatively...
Anti-capitalism is a movement trying to confront the development of capitalism, as the specific concept was described by theorists and economists worldwide. In this way, in order to identify the elements of anti-capitalism, it would be necessary to understand the characteristics and the role of capitalism. In accordance with Fabra (1993) capitalism can be defined as ‘the system enabling man to regain the full value of the product of his labor’ (Fabra 1993, 139); the above explanation is based on the terms that capital is considered as ‘the accumulated product of labor’ (Fabra 1993, 140). As explained above, capitalism leads to a series of practices for accumulating the wealth – the one spent for acquiring the product. However, the practical implications of this process are many. For this reason, capitalism has been negatively criticized, as of its involvement in the development of social inequalities. This fact is made clear in the theory of Marx, who supported that as capitalism grows, the purchasing power of laborers is reduced (Fabra 1993, 23); the increase of unemployment is, in accordance with Marx, another implication of capitalism which, in any case, is considered as quite difficult to be controlled.
Currently, it seems that the above efforts towards the limitation of capitalism have been fully justified. The high increase of the power of multinational corporations has led to their independency towards the governments; in this way, the rules of trade internationally have been negatively affected and competition, inevitably, has been harmed. ...Download file to see next pagesRead More
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