Economics Dictionary of ArgumentsHome | |||
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Capitalism: Capitalism is an economic system where private individuals or businesses own and operate the means of production for profit. It is characterized by competition, markets, and a focus on individual wealth accumulation._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Concept | Summary/Quotes | Sources |
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Jürgen Habermas on Capitalism - Dictionary of Arguments
IV 256 Capitalism/Habermas: the capitalist economy can no longer be understood as an institutional order like the traditional state - the medium of exchange (money) is institutionalized, while the subsystem differentiated by this medium represents a piece of norm-free sociality as a whole. Only with capitalism does an economic system emerge that handles both internal traffic between companies and exchanges with non-economic environments, private households and the state, via monetary channels. >Money, >Exchange, >Economic Systems. Complementary environments are created by the conversion of the production process to wage labour and the state apparatus being fed back into production via the tax revenue of the employees. The state apparatus becomes dependent on the media-controlled subsystem economy. Political power is adapted to the structure of a control medium ((s) e.g. money), power is assimilated to money. >Communication Media/Habermas, >State. IV 507 Capitalism/Habermas: the systemic stubbornness of capitalism can be summed up in social theory in the formula that the functional necessities of the systemic... IV 508 ...integrated action areas should, if necessary, also be fulfilled at the expense of mechanisation of the lifeworld. >Capitalism/Offe, >Lifeworld._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Ha I J. Habermas Der philosophische Diskurs der Moderne Frankfurt 1988 Ha III Jürgen Habermas Theorie des kommunikativen Handelns Bd. I Frankfurt/M. 1981 Ha IV Jürgen Habermas Theorie des kommunikativen Handelns Bd. II Frankfurt/M. 1981 |