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BOOK SUMMARY :

Capitalism has suffered a series of mighty blows to its reputation over the past decade the sense of a system rigged to benefit the owners of capital at the expense of workers is profound in define capitalist revolution the capitalist revolution is the industrialists taking all the goods services innovation inventions markets commerce and recourses and maximizing them to make more money the mind set of taking things making them better and more efficient so they can make more money section iii 6this process which we call the capitalist revolution has been accompanied by growing threats to our natural environment and by unprecedented global economic inequalities economics is the study of how people interact with each other and with the natural environment in producing their livelihoodscapitalism is an economic system based on the private ownership of the means of production and their operation for profit characteristics central to capitalism include private property capital accumulation wage labor voluntary exchange a price system and competitive markets in a capitalist market economy decision making and investments are determined by every owner of wealth property the capitalist revolution by peter l berger peter berger a penetrating student of society who has explored issues ranging from the economies of the third world to jan 1987 by melville j ulmer +

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