Friday 24 February 2017

Capitalism ''Founder of Economics''


CAPITALISM


          Some of authors said ''It wasn't born in UK first.'' They said '' It was emerged in medieval 17th Italy and Netherland.However, capitalism, as a whole, both economic and social processes and relations that lag behind the commercial and production for profit, came to the forefront in the 18th century in UK. Propulsive force of capitalism, expansion,exploitation,oligarchic management this three were the respond of search of systematic requirement.Capitalism will be possible by fulfilling these requirements - but only if and only if,as long as it strengthens and remains strong colonialism,industrialism,nationalism. If all of this fulfilled and the development of enough elements from its pioneer elements also gives life to capitalism.Politically, it is the system of laissez-faire (freedom).
          Economy, was born with capitalism. No doubt,the ''economic'' activities was also present before capitalism.But these activities: Ancient, medium, early, modern, in the ages, the social formations continued in whole of institutional and social values.They did not control the larger social processes.Adam Smith came up with an suggestion of "an economic system" that could be left it "its own" whose source is laissez-faire for the first time.
           What leaves the traditional economy theory vulnerable? I think '' Policy, comes before Theory.' Ideas and contributions in the development of theory, by theorist; seen,perceived,comprehended, perceivable of strain or effect socio-political problems and in the framework of possibilities,emerged.
           Priority generalizations,in their most obvious forms of 'mercantilist' are seen in the policy brochures of the 17th and 18th centuries.Actually these reports, related with about commercial or industrial branches for the start a policy,change or end, it addressed to state.
Generalities, it was visible much more depth and container theorists too.
           Different by each others, Adam Smith,Karl Marx and J.M Keynes,respectively,
theoreticians who said that ,capitalism wants to pay attention, they had to be need demolished and saved.

BIRTH:

ORIGIN OF CAPITALISM


           Meaning of capital, principal money,all commodities for convertible into money.Capital is concrete reality.It is constantly active and effective.it masses of tools that are easily recognizable.Capisalist, a person who oriented the capital in never-ending production process. But this for the be able to deserve the name it should join recurring production process.Unused money - in treasury money - it wasn't capital,at the same time unused forest too.






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