Explaining 21st-Century Capitalism in a Way Everyone Can Understand - CounterPunch.org

Contributing sentiments towards policy:

61% : The number of people feeling that way about capitalism is rising globally.
58% : Capitalism is just one particular way of -- a system for -- organizing the production and distribution of goods and services.
57% : Profit maximization and markets were always carefully limited and designed to serve the reproduction of capitalism.
56% : Capitalism inserts the market into the core relationship between the system's two major positions: employer and employee.
55% : Only when slavery and feudalism declined did some markets emerge for labor power and, thereby, signal some transition toward capitalism.
54% : They then insisted that such a model captures (adequately represents) how capitalism works.
54% : The market is another institution capitalism utilizes to reproduce itself.
52% : Clarifying the basics of capitalism, which is to be superseded, can help move society forward now.
51% : For capitalism, markets provided the means to secure its crucial ratio: the difference between the value paid for labor power (the wage) and the value added by the laborer's work effort.
51% : The most reasonable expectation is that capitalism, having been born and evolved, will also cease to exist one day.
50% : The profit system reproduces capitalism over time by reproducing the capitalists at one end and the workers needing jobs at the other.
49% : Capitalism, like slavery and feudalism, divides those engaged with the production and distribution of goods and services into two groups, one small and the other large.
49% : Only a narrow, ideological fundamentalism raises markets, profits, or capitalism itself to a status above history as if any of them had the power to stop the flow of change.
46% : Slavery and feudalism had markets, but not in a unique way and not to the extent that capitalism does.
46% : Instead, most of these economists merely advanced yet another set of absolutist claims on behalf of capitalism.
45% : The mathematical model is simple, but capitalism is not.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.