Pierre-Joseph Proudhon and Friedrich Engels argue that the free market is not necessarily free, but weighted towards those who already own private property.
He argued that property is theft , arguing that private property leads to despotism: "Now, property necessarily engenders despotism—the government of caprice, the reign of libidinous pleasure. That is so clearly the essence of property that, to be convinced of it, one need but remember what it is, and observe what happens around him. Property is the right to use and abuse". Property means the monopoly of wealth, the right to prevent others using it, whether the owner needs it or not". Mutualists and some anarchists support markets and private property, but not in their present form.
Mutualists support markets and private property in the product of labor, but only when these markets guarantee that workers will realize for themselves the value of their labor.
In recent times, most economies have extended private property rights to include such things as patents and copyrights. Critics see this as coercive against those with few prior resources. They argue that such regulations discourage the sharing of ideas and encourage nonproductive rent seeking behavior, both of which enact a deadweight loss on the economy, erecting a prohibitive barrier to entry into the market.
Examples include high tech commodities produced in countries with low average wages by multinational firms and then being sold in distant high income countries; materials and resources being extracted in some countries, turned into finished products in some others and sold as commodities in further ones; and countries exchanging with each other the same kind of commodities for the sake of consumers' choice e. Europe both exporting and importing cars to and from the United States. According to critics, such processes, all of which produce pollution and waste of resources, are an integral part of the functioning of capitalism i.
Critics note that the statistical methods used in calculating ecological footprint have been criticized and some find the whole concept of counting how much land is used to be flawed, arguing that there is nothing intrinsically negative about using more land to improve living standards rejection of the intrinsic value of nature. Many environmentalists [ who?
Under what they call the "grow or die" imperative of capitalism, they say there is little reason to expect hazardous consumption and production practices to change in a timely manner. A team of Finnish scientists hired by the UN Secretary-General to aid the Global Sustainable Development Report assert that capitalism as we know it is moribund, primarily because it focuses on short term profits and fails to look after the long term needs of people and the environment which is being subjected to unsustainable exploitation.
Their report goes on to link many seemingly disparate contemporary crises to this system, including environmental factors such as global warming and accelerated species extinctions and also societal factors such as rising economic inequality , unemployment , sluggish economic growth, rising debt levels, and impuissant governments unable to deal with these problems. The scientists say a new economic model, one which focuses on sustainability and efficiency and not profit and growth, will be needed as decades of robust economic growth driven by abundant resources and cheap energy is rapidly coming to a close.
From Wikipedia, the free encyclopedia. This article lists arguments against capitalism. For a summary of ideologies opposed to capitalism, see Anti-capitalism. Economic systems. Economic theories. Related topics. Anti-capitalism Capitalist state Consumerism Crisis theory Criticism of capitalism Cronyism Culture of capitalism Exploitation Globalization History History of theory Market economy Periodizations of capitalism Perspectives on capitalism Post-capitalism Speculation Spontaneous order Venture philanthropy.
Anarcho-capitalism Authoritarian capitalism Democratic capitalism Dirigism Eco-capitalism Humanistic capitalism Inclusive capitalism Liberal capitalism Liberalism Libertarian capitalism Neo-capitalism Neoliberalism Objectivism Ordoliberalism Right-libertarianism Social democracy.
History of socialism Socialist calculation debate Socialist economics. Decentralized planning Participatory economics. Market socialism Lange model Mutualism. Socialist market economy Socialist-oriented market. History by country. First International International Workingmen's Association. Third International Comintern.
World Federation of Democratic Youth. International Union of Socialist Youth. International Committee of the Fourth International. Schools of thought. Theory Practice. By region. Guild socialism Orthodox Marxism Revolutions of Utopian socialism.
Social capital formation: The role of NGO rural development programs in Bangladesh
Co-operative economics Corporatism Labour economics General strike Labour rights Labour unionisation Workers' self-management Mutual aid. Related subjects. Political concepts. Philosophies and tendencies.
Significant events. Democracy economic industrial representative Environmental protection Fair trade Labor rights Mixed economy Negative and positive rights Secularism Social corporatism Social justice Social market economy Trade union Welfare.
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Democracy Marxist philosophy Socialism. See also: Conservatism. This section contains too many or overly lengthy quotations for an encyclopedic entry. Please help improve the article by presenting facts as a neutrally-worded summary with appropriate citations.
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Consider transferring direct quotations to Wikiquote. August See also: Socialism. See also: Marxism. See also: Religious communism , Christian communism , Christian socialism , Islamic socialism , Jewish left , Liberation theology , and Social gospel. See also: Wage slavery. See also: Economic inequality. Retrieved Food and Drug Administration. The concise encyclopedia of economics. The Library of Economics and Liberty. Archived from the original on Archived from the original on November 23, La lucha, pero de conciencias, es contra el Estado.
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