Capitalist
in sentence
398 examples of Capitalist in a sentence
In fact, the most important
capitalist
mechanisms for blunting the impact of risk on individuals--insurance, diversification, and hedging--have been around for centuries.
Indeed, the world seems to be entering an age in which the basic principles of finance will be integrated into the world
capitalist
economy, and our lives, in a more thoroughgoing way than ever before.
The combined effect of many different financial innovations will be to blunt the impact of
capitalist
risk on our individual lives, helping to reduce economic uncertainty and inequality.
As Vladimir Lenin once reputedly put it, “the surest way to destroy the
capitalist
system [is] to debauch its currency.”
For more than 20 years, the world’s major
capitalist
economies have been led to borrow heavily and unabashedly, in large by a new rule, adopted worldwide beginning in the 1970’s and 1980’s, that tied monetary policy to targets for price growth.
This dangerous idea – proposed in France by Jacques Rueff in 1958, adopted throughout Europe over the following two decades, and extended to the European Central Bank – was intended to limit the tendency of
capitalist
economies to aggravate inflation as soon as they hit full employment.
Capitalist
economies are not self-adjusting: market forces might eventually restore an economy of full employment, as Keynes said, but in the long run we are all dead.
From that fateful day, the advanced
capitalist
world has experienced its longest period of economic stagnation since the decade that began with the 1929 Wall Street crash and ended with the outbreak of World War II ten years later.
The Polish economist Michal Kalecki, a co-inventor of Keynesian economics (and a distant relative of mine), predicted this politically motivated ideological reversal with uncanny accuracy back in 1943:“The assumption that a government will maintain full employment in a
capitalist
economy if it knows how to do it is fallacious.
What makes Piketty’s argument so special is his insistence on a fundamental trend stemming from the very nature of
capitalist
growth.
Some conservatives disliked the crude egalitarianism of American culture, while some on the left saw America’s faith in markets as a symbol of
capitalist
exploitation of the working class.
The consumption-based economy, to which the
capitalist
West had apparently succumbed, was written off as a paper tiger.
America’s central position in the world’s information economy, which seemed secure just two years ago, is now under threat – a fact that should raise serious concerns for every entrepreneur, executive, employee, and venture
capitalist
in the American industry.
After the Soviet Union collapsed, the system served as a strategic means for integrating former communist countries into the international
capitalist
economy.
The venture
capitalist
and Netscape founder Marc Andreessen wrote a widely read essay in 2011 entitled, “Why Software Is Eating the World.”
These carried out applied R&D that, in
capitalist
systems, is mostly done by the private sector.
This does not mean that Merkel is a free market
capitalist
– there is little evidence of that.
Now the counter-revolution is being carried to its logical extreme: if everyone can be an owner, then everyone can be a capitalist, down to the barber, the waiter, and the trash collector.
But turning everyone into a
capitalist
may be as impossible as the communist dream of turning everyone into an inspired socialist worker.
This is an attempt at a real revolution, not a return to an earlier
capitalist
past.
After all, owning capital – whether it is stocks or real estate – entails risks, and the need to insure against these risks is why
capitalist
countries built traditional safety nets in the first place.
For some, American identity is based on red-blooded
capitalist
enterprise and rugged individualism, unhindered by excessive government regulation in the pursuit of material happiness.
In such a technocratic discussion, it is easy to forget that what economists call “labor-market rigidities” are in fact a crucial component of the social bargain in advanced
capitalist
economies.
Under this policy, Hong Kong’s
capitalist
system, the rule of law, and its people’s freedoms and way of life were to be preserved.
Today, by contrast, their heirs are openly criticizing the Asian
capitalist
model.
Some OECD economies have long been relatively
capitalist
– the US, the UK, the Netherlands, Canada and Australia.
Statistical evidence shows that the same given change in share prices is followed by a greater change in employment in the more
capitalist
economies than in the more corporatist ones.
If my thesis is right – the root cause of big booms in
capitalist
economies over recent decades (as well as during the pre-WWI decades) is a structural shift in expected future profitability – what does it mean for the choice of an economic system and for economic stabilisation?
Yet countries that continued with these policies in the 1990s were deprived of the once-in-a-generation investment boom enjoyed in the more
capitalist
countries.
In
capitalist
societies, the high price tag associated with these new ways to extend life means that the poor and even the middle class can be excluded from important new benefits.
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