Variation of Capitalism
... Table of Contents Introduction 2 Variation in Capitalism 2 Several types of Managerial Capitalism 6 The CME and LME approach 8 Conclusion 10 Reference list 11
Capitalism is a system in the economy in which, industry, trade and production are owned and controlled by private organizations, and they run for profit. The primary motive of capitalism is to accumulate capital and sustain in a competitive market (Worldsocialism, 2014). However, with the globalization of management structures and the integration of global economic systems, all the economic systems in the world are supposed to follow a standardized structure, but in actuality that is not the case. There are several variations in...