capitalism Dialectical Materialism and its Criticism According to dialectical materialism, the metamorphosis of the material productive forces - which is an inexorable, autonomous change - causes an alteration in the production relation influenced social structures.
capitalism Articulation versus Spontaneous Order In a socialistic system, all the decisions are articulated, which is the explicit directions regarding the kind of activities allowed to be conducted.
capitalism The Debates in Capitalism Many of the material comforts enjoyed by the middle and lower classes could be enjoyed only by the rich and the noble two hundred years ago.
capital goods The Genesis of Capital Accumulation in Societies We look at the origins of capital accumulation in societies and the difference between being capital-rich and poor.
saving Saving, Production and Economic Calculations in an Economy In this post we look at saving and production processes in a market economy. Production is the bridge between postponement of consumption today and greater consumption at a later date.