A capitalist economy
was delivering the goods, which the Government spent on schools, hospitals and renewing the railways.
In these, Marx divided the capitalist economy
into Department I, which produced means of production, and Department II, which produced consumer goods.
The reason is that Kelso's model of the capitalist economy
is oversimplified to the point of uselessness.
Ray will never be converted to the view that a capitalist economy
is ultimately better for the overall wellbeing of a country's finances.
Corporatists argued that the modern capitalist economy
lacked leadership and direction.
In the next section of the book, Phelps takes on corporatism on its own terms and shows how it fails to provide not just economic wellbeing, but the satisfaction and security that a modern capitalist economy
Our commitment is to revitalise the (township) economy and break the barriers of the capitalist economy
As a result, Malthus' concerns about mass starvation have failed to materialize in any peaceful capitalist economy
And it implicitly leads to the acceptance of the thesis that capitalist economy
, in general, will not ever be brought into accord with ethics.
As such, they give an insight into the rapidity of change in the global capitalist economy
In a capitalist economy
, the parties to a transaction determine the prices at which assets, goods, and services are exchanged.
Dr Murtaza Mughal said that sliding gold prices is seen by some as failure of global capitalist economy
which can now only be sustained by China and other emerging markets.