Views on Capitalism

Adam Smith American automation become bourgeois bourgeoisie capitalist century collectivism commodity Communist competition computers conservative consumer corporation costs cybernation decisions demand direct economic economists effect employed employment engineers enterprise existence fact feudal firm force freedom Friedman function future Galbraith growth human important income increase individual industrial system institutions intellectual interest investment Keynesian economics laissez-faire less liberal machine manufacture Marx means means of production ment Michael Harrington Milton Friedman modern industrial monopoly capitalism nation natural natural price necessary nomic operations organization output perfect competition planned economy planning political possible present privilege problem production profit profit maximization programs progress proletariat result role Schumpeter social socialist society supply surplus theory things tion trade United wages wealth whole workers