Introduction to Sociology / Economy/ yerim park

1. Summary

This article deals with the economics of capitalism. The economics of capitalism developed out of the interactions of the following five items: Commodities ,Labour power, Means of production, Production and money.

The reason why this interaction occurs is because individuals become workers, producers, and consumers. (both).

Capitalism recommends that a company that has increased market share will prosper through legitimate competition.

However, there is criticism in academia.

For example, in the early 20th century, Vladimir Lenin argued that state use of military power to defend capitalist interests abroad was an inevitable corollary of monopoly capitalism.

Because capitalism is associated with the unfair distribution of wealth and power;

a tendency toward market monopoly or oligopoly.

As an alternative to capitalism, Scholars who claim to be Socialism have emerged.

2. What I learned/was interested

 

I was impressed by the environmental scientists ' criticism of capitalism.

So far, I look at capitalism in terms of economics. However, society is essential not only for economics but also for the environment.

We are bound to leave a place where future generations will live.

Also, we should create an eco-friendly society by saving the environment as much as possible.

Capitalism is an endless selfishness for environmentalists who insist on this stance.

Because the goal of capitalism is to generate profits.

Capitalism doesn't have much to do with the environment, it doesn't think about the environment. Because they use resources.

For this reason, environmentalists are criticizing capitalism.

3. What I want to discuss with you

I am going to predict the position of the environmentalists ' views on the social theory by substituting them for social studies.

The difference between socialism and communism is that socialism denies ownership of capital and enterprises and Communism denies the ownership of private oil.

However, there is a common point in the argument that the two sides insist on common-bearing.

Also, These theories do not endeavor to maximize profit.

They just try to fill up their quota.

It will also be irresponsible for the environment.

So environmentalists will criticize their irresponsibility.