Characteristics of American Capitalism Pros and Cons 20

The basic characteristics of capitalism.

Economically, it is dominated by the private economy, with no or very little intervention. Politically, bourgeois parties are in power, or capitalist democratic political systems are implemented.

Basic characteristics First, the productive forces are highly developed, the society is affluent, a free market economy is encouraged, and there is as little intervention in the economy as possible.

Second, commodity production has developed to a very high stage, becoming a universal and dominant form of social production, and labor power has become a commodity.

Third, the capitalists own the means of production and exploit the working class by means of wage labor, and the purpose of production is to create profits (in Marx's expression: the purpose of production is to seize the surplus value created by the workers).

Fourth, the contradiction between the socialization of production and the private possession of capitalism, characterized by the use of machines for large-scale production, constitutes the basic contradiction of capitalist society, and this basic contradiction runs through the entire development of capitalism, and it is concretely manifested in the economy as the contradiction between the organization of production by individual enterprises and the production of the whole society, and in politics it is manifested as the contradiction between the bourgeoisie and the proletariat. The development of capitalism goes through two major stages – free competition capitalism and monopoly capitalism.

Fifth, in accordance with the ruling form of capitalist relations of production, the various superstructures before capitalism have been replaced by the bourgeois superstructure, giving rise to the bourgeois state power, legal system and ideological system, and forming a social system that includes the capitalist mode of production and the superstructure corresponding to it.

Advantages of capitalism:

The establishment and development of the capitalist system in Europe is a tremendous advance in human history. It has created an unprecedentedly huge productive force and accumulated unprecedented social material wealth; It has opened up the world market and continuously liberated the people of various isolated parts of the world from their isolation from each other and gradually integrated them into one; It created political civilization, changed the political landscape of the world, and made the democratic republican system recognized by all civilized nations; The series of operable political norms it created proved to make effective social management methods known as the public wealth of human civilization; It makes the concept of democracy and republic deeply rooted in the hearts of the people, and makes democracy, equality, freedom, etc. become the common ideals pursued by human society and the indispensable components of the New Year. It has created an unprecedentedly splendid capitalist culture, promoted the rapid development of science and technology, and greatly changed the cultural quality and social values of mankind.

Disadvantages of capitalism:

Capitalism pursues surplus value with the greatest desire, causing the social gap between the rich and the poor to intensify, and using blood and fire to invade various ethnic regions in Asia, Africa and Latin America. The basic contradiction of capitalism: the contradiction between socialized mass production and private ownership of the means of production could not be resolved, resulting in the emergence of an economic crisis. In the early days of capitalism, the economy was greatly developed, industrialization was pursued, and environmental degradation was caused.

Characteristics of capitalism: a social system in which the bourgeoisie, which owns the privatized means of production, uses capital and the means of production, and generates (exploits) surplus value with wage labor to accumulate wealth. Thus, capitalist society is characterized by the existence of the bourgeoisie and the proletariat, the disparity between the rich and the poor, the exploitation and oppression of the proletariat, and irreconcilable class contradictions.

Advantages of capitalism:

Since capitalism is based on private ownership in production and operation for profit, it has many advantages over private enterprise. Characteristics of capitalism include capital accumulation, competitive markets, pricing systems, recognition of private property, and wage labor. The private owner of the capital decides on the investment and distribution.

In addition to the profits generated by the old servants, these advantages of capitalism are also related to social quarrels.

1. Capitalism is driven by the escalation of key fees.

In a market structured under capitalism, consumers can choose what they want based on a wide range of options, availability, and competition among service providers. These advantages of capitalism are beneficial to consumers and empower individuals to innovate new ideas to better serve consumers.

Consumers usually buy the best quality goods. This is usually not available in a socialist economy.

2. Cost-effective.

Capitalism emphasizes the production of goods and goods according to the needs of consumers. This advantage of capitalism allows merchants to reduce the cost of production of other goods that are not relevant to consumers.

In addition, in order to balance the supply and demand curve, the merchant will not produce excess quantities of goods. It creates opportunities to find new ways to reduce costs, making ** a competitive factor in the minds of consumers.

3. Capitalism promotes the economy.

As consumers' lives improve as a result of the products they buy, they can choose to improve their standard of living over time. In return, given that private enterprises can use economic resources more efficiently than the public sector, this in turn increases GDP value.

4. Private entrepreneurs set prices in a capitalist economy.

Determining the product according to the needs of the consumer is one of the advantages of capitalism. There is no intervention or fixation, capitalism focuses on goods and services that meet consumer needs. The pricing factor usually depends on the demand for that product or service.

Inventory can fluctuate up and down completely depending on market demand. In addition, capitalism offers consumers the opportunity to choose whatever item they need in the best possible way. It is not possible to decide what consumers must have or how much they need to pay for it.

5. Fairness is one of the main advantages of capitalism.

The market operates freely, and consumers are free to choose goods and services. Pricing is entirely dependent on supply and demand. This advantage of capitalism extends to other elements of investment and money management.

Bonds, bonds, and commons (including money) are driven by consumer activity and their business responses. The only role that can be played is the rules that regulate the fair pricing system.

1. The capitalist system supports the free market and promotes economic development. The competition in the free market is conducive to improving production efficiency, improving product quality, reducing quality, increasing consumer income, and promoting economic development.

2. The capitalist system supports private property and promotes investment and innovation. The protection of private property is conducive to investor investment, promotes innovation, improves production efficiency, improves economic efficiency, and promotes economic development.

3. The capitalist system supports free labor and promotes employment. The environment of free labor is conducive to the free choice of work by workers, improves the productivity of buried labor, promotes employment, increases the income of workers, and promotes economic development.

4. The capitalist system supports freedom and promotes internationalization. The free environment of this trip is conducive to improving the efficiency of the international community, increasing the scale of the international community, and promoting economic development.

Advantages of capitalism: The establishment and development of the capitalist system in Europe is a great progress in human history. It has created an unprecedentedly huge productive force and accumulated unprecedented social material wealth; It has opened up the world market and continuously liberated the people of various isolated parts of the world from their isolation from each other and gradually integrated them into one; It created political civilization, changed the political landscape of the world, and made the democratic republican system recognized by all civilized nations; The series of operable political norms it created proved to make effective social management methods known as the public wealth of human civilization; It makes the concept of democracy and republic deeply rooted in the hearts of the people, and makes democracy, equality, freedom, etc. become the common ideals pursued by human society and the indispensable components of the New Year. It has created an unprecedentedly splendid capitalist culture, promoted the rapid development of science and technology, and greatly changed the cultural quality and social values of mankind.

Disadvantages of capitalism: Capitalism pursues surplus value with the greatest desire, causing the social differentiation between the rich and the poor to become a nonsense, and using blood and fire to point out the invasion of various ethnic regions in Asia, Africa and Latin America. The basic contradiction of capitalism: the contradiction between socialized mass production and private ownership of the means of production could not be resolved, resulting in the emergence of an economic crisis.

However, in the early stage of capitalism, the economy was greatly developed, industrialization was pursued, and environmental degradation was caused.