The Alchemy of Capitalism
From the Blog awaisaftabCoursera: *A Brief History of Humankind * by *Dr. Yuval Noah Harari* *Personal Lecture Notes from Lesson #13: The Capitalist Creed* *(These are personal summaries and paraphrasings of some of the major points of the lectures that I felt to be important. They are not meant to be comprehensive records nor intended to be reproductions of copyright materials. I encourage you to participate in the course for better understanding. All ideas and examples are by Dr. Harari.)* The most unique and important characteristic of the modern capitalist economy is growth. The total global production of goods and services – 'the economic pie' – is constantly increasing and has been increasing since the emergence of capitalist economy. Consider a simple example. People deposit their earnings in tpakistanblogs.blogspot.comRead Full Post
0 comments :
Post a Comment