Capitalism
From The Art and Popular Culture Encyclopedia
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This page Capitalism is part of the politics series.
Illustration:Liberty Leading the People (1831, detail) by Eugène Delacroix.
Illustration:Liberty Leading the People (1831, detail) by Eugène Delacroix.
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Capitalism generally refers to an economic system in which the means of production are all or mostly privately.
A famous passage from Voltaire's Lettres philosophiques illustrates capitalism:
- "Enter the London Stock Exchange, that place more respectable than many a court. You will see the deputies of all nations gathered there for the service of mankind. There the Jew, the Mohammedan, and the Christian deal with each other as if they were of the same religion, and give the name of infidel only to those who go bankrupt; there, the Presbyterian trusts the Anabaptist, and the Anglican honors the Quaker's promise. On leaving these peaceful and free assemblies, some go to the synagogue, others to drink; this one goes to be baptized . . ; that one has his foreskin cut off and the Hebrew words mumbled over the child which he does not understand; others go to their church to await the inspiration of God, their hats on their heads, and all are content"
It was Marx who coined the term Capitalism, not Adam Smith in his 1776 book The Wealth of Nations.
- A Thousand Plateaus: Capitalism and Schizophrenia (1980) by Gilles Deleuze, Felix Guattari
- Society of the Spectacle (1967) by Guy Debord
See also
- Anti-capitalism
- Capital (economics)
- Commercial
- Commodity fetishism
- Communism
- Consumerism
- Corporatocracy
- Culture industry
- Criticisms of capitalism
- Economics
- Exploitation
- Imperialism
- Industrial Revolution
- Late capitalism
- Market economy
- Marketing
- Post-industrial society
- Protetsantism
- Rhine capitalism
- Socialism
- A spectre is haunting Europe
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