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Tag: Capitalism


The Managerial Revolution

150 years ago, Karl Marx prophesied the clash between two segments of society: labor versus capital. He saw the economy as binary in structure. As events would unfold, it turned out...

Christianity and Capitalism

According to German philosopher Max Weber, capitalism first arose in the West (as opposed to other places) due to a unifying ethical code: namely, Christianity. Because morality was promoted, people could...