Capital Ethiopia Business
Human nature through a capitalist lens (Capitalethiopia)
What’s most remarkable about the concentration of economic power in the hands of a few corporate players in each industry is how little public angst it has generated, at least in the United States, over the course of the nineteenth and twentieth centuries. While the labor unions’ struggles against corporate power were bitterly fought, they […]
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The Track of Capitalism (Capitalethiopia)
One of the simple dictionary meanings of capitalism is an economy based on private enterprise. It is also possible to simply define capitalism as the use of markets not planning to allocate economic resources. Based on factual evidences, capitalism is widely regarded as the economic system of the west. Before the collapse of the Berlin […]
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Political participation and capitalism (Capitalethiopia)
For the first time in human history, a system that can be called capitalist is dominant over the entire globe. Such a system is conventionally defined as consisting of legally free labor, private ownership of capital, decentralized coordination and pursuit of profit. One does not need to go far back into the past, or to […]
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The issue of state capitalism (Capitalethiopia)
Across the United States, Europe, and much of the rest of the developed world, the recent wave of state interventionism is meant to lessen the pain of the global recession and restore ailing economies. For the most part, the governments of developed countries do not intend to manage these economies indefinitely. However, an opposing intention […]
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