Capitalism Survive

8/2/2019 Capitalism Survive

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Who was the writer?

Fernand Braudel (1902 1985) French historian Main works:

The Mediterranean (1923 66)

Civilization and Capitalism (1955 79) Unfinished: Identity of France (1970 85)

the world's most influential academic historian (McNeill,2001)

McNeill, W. H. (2001).Fernand Braudel, Historian. The Journal of Modern History , 133-146.


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General summary

Long history > historian point of view? Capitalisms adaptability Categories or stages

(merchant, industrial and financial) > coexistance More than an economic system

Embedded: money, government & culture Who is in charge..

Businessmen or politicians?

A potential force

Braudel, F. (1980)Will Capitalism Survive? The Wilson Quarterly , 108-116.


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General summary

States spending more than they receive US increased debt ceiling

Capitalism casting doubts:

Capital and Government


http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/#ixzz1nEhIwY52

The TIME at Davos Debate: IsCapitalism Working in the 21stCentury?The corrective form of capitalism isboom and bust, Bank of AmericaCEO Brian Moynihan

Davos (WEF) 2012
http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/


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General summary

Not final stage Breaking down by itself?

Marxs predictions?

From outside Alternative Phoenix effect?

Sick but not about to die


Herbert Marcuse* was right:"Crises are essential for thedevelopment of capitalism;inflation and unemployment favorthe centralization and theconcentration of capitalism

*German Jewish political theorist,1898-1979


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General summary

Centralization and concentration are, in effect, the silent buildersand demolishers of our social and economic architecture Fernand Braudel

Tradition and previous generations, weigh like a nightmare on theminds of the living Karl Marx (1818-1883)

Drivers of societies? No economic hierarchy equality Monopolies and the competitive sphere

New York 1970

Big thinkers

Braudel, F. (1980)

Will Capitalism Survive? The Wilson Quarterly , 108-116.


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General summary

Government interferesElectricit de France

SMEs condemned

What about diversification? Market economy without monopolies Capital monopoly vs state monopoly

The lower tier

Braudel, F. (1980)

Will Capitalism Survive? The Wilson Quarterly , 108-116.


8/9Image source: Microsoft Office-Online services

My opinion:Capitalism will notsurvive as it is,specially not ina democratic worldwith virtual goodsand intangibleservices., Alexander [email protected]

Can you see the crackof capitalism?

Thank you

for your time


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Sources

Braudel, F. (1980). Will Capitalism Survive? The Wilson Quarterly , 108-116. Lacton, J. (2009, 04 19). Time Magazin 1980 . Retrieved from Jacklaton:

http://www.jacklacton.com/2009/04/time-magazine-1980-is-capitalism.html

McNeill, W. H. (2001). Fernand Braudel, Historian. The Journal of ModernHistory , 133-146.

Wolverson, R. (2012, 01 25). The TIME at Davos Debate: Is CapitalismWorking in the 21st Century? Retrieved from Time Business:http://business.time.com/2012/01/25/the-time-at-davos-debate-analyses-capitalism-and-corporations/#ixzz1nEhIwY52

Documents

Capitalism Survive