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CAPITALISM
SUBMITTED BY:-
SHALLY HUNDAL
CMBA5
CAPITALISM DEFINATION:
Capitalism is an economic system and a
mode of production in which trade,
industries, and the means...
CAPITALISM
IT IS AN ECONOMIC SYSTEM
BASED ON 3 THINGS:
• WAGE LABOUR
• PRIVATE OWNERSHIP
• PRODUCTION FOR
EXCHANGE AND
PRO...
CAPITALISM
CAPITALISM IS BASED ON A SIMPLE
PROCESS –
MONEY IS INVESTED TO
GENERATE MORE MONEY.
CAPITALISM
CAPITAL:
• WHEN MONEY FUNCTIONS LIKE
THIS, IT FUNCTIONS LIKE CAPITAL.
EG: WHEN COMPANY USES ITS
PROFIT TO HIRE ...
CAPITALISM
FEATURES OF CAPITALISM:
• PRIVATE PROPERTY: NOT OWNED
BY THE GOVERNMENT.
INDIVIDUALS OWN PROPERTY AND
RESOURCES.
CAPITALISM
• LARGE SCALE PRODUCTION::
CAPITALISM AROSE AS A RESULT OF
INDUSTRIAL REVOLUTION WHICH
MADE LARGE SCALE PRODUCT...
CAPITALISM
• PROFIT AS KEY MOTIVE:
MONEY LEFT OVER CAN BE SPENT
IN ANY WAY THE MANUFACTURER
WANTS.
PRODUCTION UNDER CAPITA...
CAPITALISM
• COMPETITION:
IN CAPITALISM THERE IS
EXTREME COMPETITION
BETWEEN CAPITALISTS.
DEMAND IS ARTIFICIALLY
INCREASED...
CAPITALISM
• PRICE MECHANISM:
IN CAPITALISM THE PRICE OF A
ACCOMODITY IS DETERMINED NOT
BY THE COST OF PRODUCTION BUT
BY T...
CAPITALISM
WAGE INSTITUTION:
THE OBJECTIVE OF THE CAPITALIST
IS TO PAY AS LESS WAGES AS
POSSIBLE AND TO TAKE AS MUCH
WORK ...
CAPITALISM
• MONEY AND CREDIT:
IN CAPITALISM INSTITUTION OF
CREDIT HAS BECOME
IMPORTANT.HE CAPITALISTS GET
MONEY ON LOAN A...
CAPITALISM
• LAISSEZ – FAIRE COPETITION:
THERE IS NO GOVERNMENTAL
CONTROL OVER THE FORCES OF
PRODUCTION, DISTRIBUTION AND
...
CAPITALISM
• RESPONSIBLE CAPITALISM:
IT IS ESSENTIALLY A FREE MARKET
ECONOMY. BUT WITH A DEGREE OF
GOVERNMENT REGULATION T...
CAPITALISM
• TURBO CAPITALISM:
REFERS TO AN UNREGULATED FORM
OF CAPITALISM WITH FINANCIAL
DEREGULATION , PRIVATISATION
AND...
CAPITALISM
• CRONY CAPITALISM:
A TERM USED TO REFER TO THE
SITUATION WHERE BUSINESS
SUCCESS IS RELATED TO STRATEGIC
INFLUE...
CAPITALISM
• STATE CAPITALISM
IT OCCURS WHEN STATE OWNED
INDUSTRIES PLAY A KEY ROLE
WITHIN THE MARKET ECONOMY.
CAPITALISM
PROS OF CAPITALISM:
• HEALTH
• SOCIAL GOOD
• BEING THE BEST
• FREEDOM
• ECONOMIC GROWTH
• EQUALITY
CAPITALISM
CONS OF CAPITALISM:
• WASTE
• STARVATION
• DANGER
• PROPAGANDA
• POLLUTION
CAPITALISM
FUTURE OF CAPITALISM:
CAPITALISM HAS ONLY EXISTED
AS DOMINANT ECONOMIC SYSTEM
ON PLANET FOR A LITTLE OVER
200 Y...
CAPITALISM
IT IS ENTIRELY RELIANT ON US,
THE WORKING CLASS AND
LABOUR WHICH IS MUST EXPLOIT
AND SO IT WILL SURVIVE AS LONG...
CAPTAINS OF CAPITALISM
ANDREW JP MORGAN JHON D.ROCKEFELLER
THANK YOU
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Capitalism

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capitalism

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Capitalism

  1. 1. CAPITALISM SUBMITTED BY:- SHALLY HUNDAL CMBA5
  2. 2. CAPITALISM DEFINATION: Capitalism is an economic system and a mode of production in which trade, industries, and the means of production are largely or entirely privately owned and operated for profit.
  3. 3. CAPITALISM IT IS AN ECONOMIC SYSTEM BASED ON 3 THINGS: • WAGE LABOUR • PRIVATE OWNERSHIP • PRODUCTION FOR EXCHANGE AND PROFIT
  4. 4. CAPITALISM CAPITALISM IS BASED ON A SIMPLE PROCESS – MONEY IS INVESTED TO GENERATE MORE MONEY.
  5. 5. CAPITALISM CAPITAL: • WHEN MONEY FUNCTIONS LIKE THIS, IT FUNCTIONS LIKE CAPITAL. EG: WHEN COMPANY USES ITS PROFIT TO HIRE MORE STAFF OR OPEN NEW PREMISES AND MAKE MORE PROFIT.
  6. 6. CAPITALISM FEATURES OF CAPITALISM: • PRIVATE PROPERTY: NOT OWNED BY THE GOVERNMENT. INDIVIDUALS OWN PROPERTY AND RESOURCES.
  7. 7. CAPITALISM • LARGE SCALE PRODUCTION:: CAPITALISM AROSE AS A RESULT OF INDUSTRIAL REVOLUTION WHICH MADE LARGE SCALE PRODUCTION POSSIBLE. MORE PRODUCTION MEANS WIDER USE OF CAPITAL AND LEAD TO MORE PROFITS.
  8. 8. CAPITALISM • PROFIT AS KEY MOTIVE: MONEY LEFT OVER CAN BE SPENT IN ANY WAY THE MANUFACTURER WANTS. PRODUCTION UNDER CAPITALISM IS PROFIT-ORIENTED.
  9. 9. CAPITALISM • COMPETITION: IN CAPITALISM THERE IS EXTREME COMPETITION BETWEEN CAPITALISTS. DEMAND IS ARTIFICIALLY INCREASED AND SUPPLY IS DECREASED. THERE IS CUT THROAT COMPETITION UNDER CAPITALISM.
  10. 10. CAPITALISM • PRICE MECHANISM: IN CAPITALISM THE PRICE OF A ACCOMODITY IS DETERMINED NOT BY THE COST OF PRODUCTION BUT BY THE LAW OF DEMAND AND SUPPLY.
  11. 11. CAPITALISM WAGE INSTITUTION: THE OBJECTIVE OF THE CAPITALIST IS TO PAY AS LESS WAGES AS POSSIBLE AND TO TAKE AS MUCH WORK AS POSSIBLE OUT OF HIM.
  12. 12. CAPITALISM • MONEY AND CREDIT: IN CAPITALISM INSTITUTION OF CREDIT HAS BECOME IMPORTANT.HE CAPITALISTS GET MONEY ON LOAN AND DEVELOP THEIR BUSINESS.
  13. 13. CAPITALISM • LAISSEZ – FAIRE COPETITION: THERE IS NO GOVERNMENTAL CONTROL OVER THE FORCES OF PRODUCTION, DISTRIBUTION AND EXCHANGE. IT IS CONTROLLED BY THE FORCES OPERATING IN MARKET.
  14. 14. CAPITALISM • RESPONSIBLE CAPITALISM: IT IS ESSENTIALLY A FREE MARKET ECONOMY. BUT WITH A DEGREE OF GOVERNMENT REGULATION TO AVID THE EXCESSES AND INEQUALITIES OF CAPITALISM.
  15. 15. CAPITALISM • TURBO CAPITALISM: REFERS TO AN UNREGULATED FORM OF CAPITALISM WITH FINANCIAL DEREGULATION , PRIVATISATION AND LOWER TAX ON HIGH EARNER.
  16. 16. CAPITALISM • CRONY CAPITALISM: A TERM USED TO REFER TO THE SITUATION WHERE BUSINESS SUCCESS IS RELATED TO STRATEGIC INFLUENCES WITH CIVIL SERVANTS, POLITICIANS AND THOSE IN AUTHORITY.
  17. 17. CAPITALISM • STATE CAPITALISM IT OCCURS WHEN STATE OWNED INDUSTRIES PLAY A KEY ROLE WITHIN THE MARKET ECONOMY.
  18. 18. CAPITALISM PROS OF CAPITALISM: • HEALTH • SOCIAL GOOD • BEING THE BEST • FREEDOM • ECONOMIC GROWTH • EQUALITY
  19. 19. CAPITALISM CONS OF CAPITALISM: • WASTE • STARVATION • DANGER • PROPAGANDA • POLLUTION
  20. 20. CAPITALISM FUTURE OF CAPITALISM: CAPITALISM HAS ONLY EXISTED AS DOMINANT ECONOMIC SYSTEM ON PLANET FOR A LITTLE OVER 200 YEARS.
  21. 21. CAPITALISM IT IS ENTIRELY RELIANT ON US, THE WORKING CLASS AND LABOUR WHICH IS MUST EXPLOIT AND SO IT WILL SURVIVE AS LONG AS WE LET
  22. 22. CAPTAINS OF CAPITALISM ANDREW JP MORGAN JHON D.ROCKEFELLER
  23. 23. THANK YOU

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