The paradox, however, is that the social relations which are at the heart of capitalism also sow the seeds of the systemic crises which are then inherent in capitalism. Afghanistan, for instance, is the case which set off a ripple effect throughout the global capitalist system which then ended up touching even the United States … Continue reading A Hard Money-Grubbing Upstart
Tag: Corporations
The Decay of Liberal Bourgeoisie Power
In theory, capitalism had envisioned “perfect competition” whereby equilibrium would be established in the market and competition would thrive. But reality suggests something different, in the sense that “big business” and corporate power ends up dominating the market and society. Capitalism evolves into big business and corporate power. But what is also inherent in big … Continue reading The Decay of Liberal Bourgeoisie Power