IDEAS IN MOTION

What capitalism is and how far it has changed: A conversational overview of Chapter 2 of Jim Stanford's Book Economics for Everyone


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What capitalism is and how far it has changed: A conversational overview of Chapter 2 of Jim Stanford's Book, Economics for Everyone

According to Stanford, while capitalism may change its "look" with technological and sectoral shifts, its "core features of capitalism are still very much visible." The fundamental tenets of profit-seeking private production and wage labour remain, as do "incredible inequality and an inherent conflict of interest, between the people who own successful companies, and the rest of us."


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IDEAS IN MOTIONBy Dr S A Hamed Hosseini


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