Faster access than browser!Similarities between Capitalism and Socialist economics
Capitalism and Socialist economics have 82 things in common (in Unionpedia): Adam Smith, Age of Enlightenment, Anarchism, Austrian School, Capital accumulation, Capitalism, Capitalist mode of production (Marxist theory), Collectivism, Commodity, Communism, Das Kapital, David Ricardo, Dirigisme, Distributism, Eastern Bloc, Economic democracy, Economic planning, Economic rent, Economic system, Economics, Free market, Friedrich Engels, Friedrich Hayek, Immanuel Wallerstein, Indicative planning, Investment, John Maynard Keynes, Karl Marx, Karl Polanyi, Keynesian economics, ..., Labor theory of value, Labour economics, Laissez-faire, Law of value, Leon Trotsky, Libertarian socialism, Luddite, Ludwig von Mises, Marginal utility, Market economy, Market socialism, Marxian economics, Marxism, Means of production, Michał Kalecki, Mikhail Bakunin, Minimum wage, Mixed economy, Mode of production, Monthly Review, Nationalization, Neoliberalism, Overproduction, Pareto efficiency, Peter Kropotkin, Piero Sraffa, Pierre-Joseph Proudhon, Planned economy, Post-capitalism, Price mechanism, Private property, Productivity, Profit (economics), Proletariat, Richard D. Wolff, Robin Hahnel, Socialism, Soviet Union, State (polity), State capitalism, State-owned enterprise, Strike action, Surplus value, The Wealth of Nations, Trade union, Use value, Usury, Value (economics), Wage labour, Wilhelm von Humboldt, Workers' self-management, Workforce. Expand index (52 more) »
Adam Smith
Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era.
Adam Smith and Capitalism · Adam Smith and Socialist economics ·
Age of Enlightenment
The Enlightenment (also known as the Age of Enlightenment or the Age of Reason; in lit in Aufklärung, "Enlightenment", in L’Illuminismo, “Enlightenment” and in Spanish: La Ilustración, "Enlightenment") was an intellectual and philosophical movement that dominated the world of ideas in Europe during the 18th century, "The Century of Philosophy".
Age of Enlightenment and Capitalism · Age of Enlightenment and Socialist economics ·
Anarchism
Anarchism is a political philosophy that advocates self-governed societies based on voluntary institutions.
Anarchism and Capitalism · Anarchism and Socialist economics ·
Austrian School
The Austrian School is a school of economic thought that is based on methodological individualism—the concept that social phenomena result from the motivations and actions of individuals.
Austrian School and Capitalism · Austrian School and Socialist economics ·
Capital accumulation
Capital accumulation (also termed the accumulation of capital) is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains.
Capital accumulation and Capitalism · Capital accumulation and Socialist economics ·
Capitalism
Capitalism is an economic system based upon private ownership of the means of production and their operation for profit.
Capitalism and Capitalism · Capitalism and Socialist economics ·
Capitalist mode of production (Marxist theory)
In Karl Marx's critique of political economy and subsequent Marxian analyses, the capitalist mode of production refers to the systems of organizing production and distribution within capitalist societies.
Capitalism and Capitalist mode of production (Marxist theory) · Capitalist mode of production (Marxist theory) and Socialist economics ·
Collectivism
Collectivism is a cultural value that is characterized by emphasis on cohesiveness among individuals and prioritization of the group over self.
Capitalism and Collectivism · Collectivism and Socialist economics ·
Commodity
In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Capitalism and Commodity · Commodity and Socialist economics ·
Communism
In political and social sciences, communism (from Latin communis, "common, universal") is the philosophical, social, political, and economic ideology and movement whose ultimate goal is the establishment of the communist society, which is a socioeconomic order structured upon the common ownership of the means of production and the absence of social classes, money and the state.
Capitalism and Communism · Communism and Socialist economics ·
Das Kapital
Das Kapital, also known as Capital.
Capitalism and Das Kapital · Das Kapital and Socialist economics ·
David Ricardo
David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James Mill.
Capitalism and David Ricardo · David Ricardo and Socialist economics ·
Dirigisme
Dirigisme or dirigism is an economic system where the state exerts a strong directive influence over investment.
Capitalism and Dirigisme · Dirigisme and Socialist economics ·
Distributism
Distributism is an economic ideology that developed in Europe in the late 19th and early 20th century based upon the principles of Catholic social teaching, especially the teachings of Pope Leo XIII in his encyclical Rerum novarum and Pope Pius XI in Quadragesimo anno.
Capitalism and Distributism · Distributism and Socialist economics ·
Eastern Bloc
The Eastern Bloc was the group of socialist states of Central and Eastern Europe, generally the Soviet Union and the countries of the Warsaw Pact.
Capitalism and Eastern Bloc · Eastern Bloc and Socialist economics ·
Economic democracy
Economic democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbors and the broader public.
Capitalism and Economic democracy · Economic democracy and Socialist economics ·
Economic planning
Economic planning is a mechanism for the allocation of resources between and within organizations which is held in contrast to the market mechanism.
Capitalism and Economic planning · Economic planning and Socialist economics ·
Economic rent
In economics, economic rent is any payment to an owner or factor of production in excess of the costs needed to bring that factor into production.
Capitalism and Economic rent · Economic rent and Socialist economics ·
Economic system
An economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.
Capitalism and Economic system · Economic system and Socialist economics ·
Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
Capitalism and Economics · Economics and Socialist economics ·
Free market
In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.
Capitalism and Free market · Free market and Socialist economics ·
Friedrich Engels
Friedrich Engels (. Random House Webster's Unabridged Dictionary.;, sometimes anglicised Frederick Engels; 28 November 1820 – 5 August 1895) was a German philosopher, social scientist, journalist and businessman.
Capitalism and Friedrich Engels · Friedrich Engels and Socialist economics ·
Friedrich Hayek
Friedrich August von Hayek (8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher best known for his defense of classical liberalism.
Capitalism and Friedrich Hayek · Friedrich Hayek and Socialist economics ·
Immanuel Wallerstein
Immanuel Maurice Wallerstein (born September 28, 1930) is an American sociologist, historical social scientist, and world-systems analyst, arguably best known for his development of the general approach in sociology which led to the emergence of his world-systems approach.
Capitalism and Immanuel Wallerstein · Immanuel Wallerstein and Socialist economics ·
Indicative planning
Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in market and mixed economies in order to increase economic performance.
Capitalism and Indicative planning · Indicative planning and Socialist economics ·
Investment
In general, to invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development.
Capitalism and Investment · Investment and Socialist economics ·
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
Capitalism and John Maynard Keynes · John Maynard Keynes and Socialist economics ·
Karl Marx
Karl MarxThe name "Karl Heinrich Marx", used in various lexicons, is based on an error.
Capitalism and Karl Marx · Karl Marx and Socialist economics ·
Karl Polanyi
Karl Paul Polanyi (Polányi Károly; October 25, 1886 – April 23, 1964) was an Austro-Hungarian economic historian, economic anthropologist, economic sociologist, political economist, historical sociologist and social philosopher.
Capitalism and Karl Polanyi · Karl Polanyi and Socialist economics ·
Keynesian economics
Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).
Capitalism and Keynesian economics · Keynesian economics and Socialist economics ·
Labor theory of value
The labor theory of value (LTV) is a theory of value that argues that the economic value of a good or service is determined by the total amount of "socially necessary labor" required to produce it, rather than by the use or pleasure its owner gets from it (demand) and its scarcity value (supply).
Capitalism and Labor theory of value · Labor theory of value and Socialist economics ·
Labour economics
Labour economics seeks to understand the functioning and dynamics of the markets for wage labour.
Capitalism and Labour economics · Labour economics and Socialist economics ·
Laissez-faire
Laissez-faire (from) is an economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs and subsidies.
Capitalism and Laissez-faire · Laissez-faire and Socialist economics ·
Law of value
The law of value (German: Wertgesetz) is a central concept in Karl Marx's critique of political economy, first expounded in his polemic The Poverty of Philosophy (1847) against Pierre-Joseph Proudhon, with reference to David Ricardo's economics.
Capitalism and Law of value · Law of value and Socialist economics ·
Leon Trotsky
Leon Trotsky (born Lev Davidovich Bronstein; – 21 August 1940) was a Russian revolutionary, theorist, and Soviet politician.
Capitalism and Leon Trotsky · Leon Trotsky and Socialist economics ·
Libertarian socialism
Libertarian socialism (or socialist libertarianism) is a group of anti-authoritarian political philosophies inside the socialist movement that rejects socialism as centralized state ownership and control of the economy.
Capitalism and Libertarian socialism · Libertarian socialism and Socialist economics ·
Luddite
The Luddites were a radical group of English textile workers and weavers in the 19th century who destroyed weaving machinery as a form of protest.
Capitalism and Luddite · Luddite and Socialist economics ·
Ludwig von Mises
Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.
Capitalism and Ludwig von Mises · Ludwig von Mises and Socialist economics ·
Marginal utility
In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.
Capitalism and Marginal utility · Marginal utility and Socialist economics ·
Market economy
A market economy is an economic system in which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.
Capitalism and Market economy · Market economy and Socialist economics ·
Market socialism
Market socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy.
Capitalism and Market socialism · Market socialism and Socialist economics ·
Marxian economics
Marxian economics, or the Marxian school of economics, refers to a school of economic thought tracing its foundations to the critique of classical political economy first expounded upon by Karl Marx and Friedrich Engels.
Capitalism and Marxian economics · Marxian economics and Socialist economics ·
Marxism
Marxism is a method of socioeconomic analysis that views class relations and social conflict using a materialist interpretation of historical development and takes a dialectical view of social transformation.
Capitalism and Marxism · Marxism and Socialist economics ·
Means of production
In economics and sociology, the means of production (also called capital goods) are physical non-human and non-financial inputs used in the production of economic value.
Capitalism and Means of production · Means of production and Socialist economics ·
Michał Kalecki
Michał Kalecki (22 June 1899 – 18 April 1970) was a Polish economist.
Capitalism and Michał Kalecki · Michał Kalecki and Socialist economics ·
Mikhail Bakunin
Mikhail Alexandrovich Bakunin (– 1 July 1876) was a Russian revolutionary anarchist and founder of collectivist anarchism.
Capitalism and Mikhail Bakunin · Mikhail Bakunin and Socialist economics ·
Minimum wage
A minimum wage is the lowest remuneration that employers can legally pay their workers.
Capitalism and Minimum wage · Minimum wage and Socialist economics ·
Mixed economy
A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.
Capitalism and Mixed economy · Mixed economy and Socialist economics ·
Mode of production
In the writings of Karl Marx and the Marxist theory of historical materialism, a mode of production (in German: Produktionsweise, meaning 'the way of producing') is a specific combination of.
Capitalism and Mode of production · Mode of production and Socialist economics ·
Monthly Review
The Monthly Review, established in 1949, is an independent socialist magazine published monthly in New York City.
Capitalism and Monthly Review · Monthly Review and Socialist economics ·
Nationalization
Nationalization (or nationalisation) is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.
Capitalism and Nationalization · Nationalization and Socialist economics ·
Neoliberalism
Neoliberalism or neo-liberalism refers primarily to the 20th-century resurgence of 19th-century ideas associated with laissez-faire economic liberalism.
Capitalism and Neoliberalism · Neoliberalism and Socialist economics ·
Overproduction
In economics, overproduction, oversupply, excess of supply or glut refers to excess of supply over demand of products being offered to the market.
Capitalism and Overproduction · Overproduction and Socialist economics ·
Pareto efficiency
Pareto efficiency or Pareto optimality is a state of allocation of resources from which it is impossible to reallocate so as to make any one individual or preference criterion better off without making at least one individual or preference criterion worse off.
Capitalism and Pareto efficiency · Pareto efficiency and Socialist economics ·
Peter Kropotkin
Pyotr Alexeevich Kropotkin (Пётр Алексе́евич Кропо́ткин; December 9, 1842 – February 8, 1921) was a Russian activist, revolutionary, scientist and philosopher who advocated anarcho-communism.
Capitalism and Peter Kropotkin · Peter Kropotkin and Socialist economics ·
Piero Sraffa
Piero Sraffa (5 August 1898 – 3 September 1983) was an influential Italian economist, who served as lecturer of economics at the University of Cambridge.
Capitalism and Piero Sraffa · Piero Sraffa and Socialist economics ·
Pierre-Joseph Proudhon
Pierre-Joseph Proudhon (15 January 1809 – 19 January 1865) was a French politician and the founder of mutualist philosophy.
Capitalism and Pierre-Joseph Proudhon · Pierre-Joseph Proudhon and Socialist economics ·
Planned economy
A planned economy is a type of economic system where investment and the allocation of capital goods take place according to economy-wide economic and production plans.
Capitalism and Planned economy · Planned economy and Socialist economics ·
Post-capitalism
Post-capitalism includes a number of proposals for a new economic system to replace capitalism, examine more advanced forms, or otherwise speculate on the fate of the current form of the social order.
Capitalism and Post-capitalism · Post-capitalism and Socialist economics ·
Price mechanism
In economics, a price mechanism is the manner in which the prices of goods or services affect the supply and demand of goods and services, principally by the price elasticity of demand.
Capitalism and Price mechanism · Price mechanism and Socialist economics ·
Private property
Private property is a legal designation for the ownership of property by non-governmental legal entities.
Capitalism and Private property · Private property and Socialist economics ·
Productivity
Productivity describes various measures of the efficiency of production.
Capitalism and Productivity · Productivity and Socialist economics ·
Profit (economics)
In economics, profit in the accounting sense of the excess of revenue over cost is the sum of two components: normal profit and economic profit.
Capitalism and Profit (economics) · Profit (economics) and Socialist economics ·
Proletariat
The proletariat (from Latin proletarius "producing offspring") is the class of wage-earners in a capitalist society whose only possession of significant material value is their labour-power (their ability to work).
Capitalism and Proletariat · Proletariat and Socialist economics ·
Richard D. Wolff
Richard David Wolff (born April 1, 1942) is an American Marxian economist, well known for his work on Marxian economics, economic methodology, and class analysis.
Capitalism and Richard D. Wolff · Richard D. Wolff and Socialist economics ·
Robin Hahnel
Robin Eric Hahnel (born March 25, 1946) is an American economist and professor of economics at Portland State University.
Capitalism and Robin Hahnel · Robin Hahnel and Socialist economics ·
Socialism
Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production as well as the political theories and movements associated with them.
Capitalism and Socialism · Socialism and Socialist economics ·
Soviet Union
The Soviet Union, officially the Union of Soviet Socialist Republics (USSR) was a socialist state in Eurasia that existed from 1922 to 1991.
Capitalism and Soviet Union · Socialist economics and Soviet Union ·
State (polity)
A state is a compulsory political organization with a centralized government that maintains a monopoly of the legitimate use of force within a certain geographical territory.
Capitalism and State (polity) · Socialist economics and State (polity) ·
State capitalism
State capitalism is an economic system in which the state undertakes commercial (i.e. for-profit) economic activity and where the means of production are organized and managed as state-owned business enterprises (including the processes of capital accumulation, wage labor and centralized management), or where there is otherwise a dominance of corporatized government agencies (agencies organized along business-management practices) or of publicly listed corporations in which the state has controlling shares.
Capitalism and State capitalism · Socialist economics and State capitalism ·
State-owned enterprise
A state-owned enterprise (SOE) is a business enterprise where the state has significant control through full, majority, or significant minority ownership.
Capitalism and State-owned enterprise · Socialist economics and State-owned enterprise ·
Strike action
Strike action, also called labor strike, labour strike, or simply strike, is a work stoppage caused by the mass refusal of employees to work.
Capitalism and Strike action · Socialist economics and Strike action ·
Surplus value
Surplus value is a central concept in Karl Marx's critique of political economy.
Capitalism and Surplus value · Socialist economics and Surplus value ·
The Wealth of Nations
An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith.
Capitalism and The Wealth of Nations · Socialist economics and The Wealth of Nations ·
Trade union
A trade union or trades union, also called a labour union (Canada) or labor union (US), is an organization of workers who have come together to achieve many common goals; such as protecting the integrity of its trade, improving safety standards, and attaining better wages, benefits (such as vacation, health care, and retirement), and working conditions through the increased bargaining power wielded by the creation of a monopoly of the workers.
Capitalism and Trade union · Socialist economics and Trade union ·
Use value
Use value (German: Gebrauchswert) or value in use is the utility of consuming a good—the want-satisfying power of a good or service in classical political economy.
Capitalism and Use value · Socialist economics and Use value ·
Usury
Usury is, as defined today, the practice of making unethical or immoral monetary loans that unfairly enrich the lender.
Capitalism and Usury · Socialist economics and Usury ·
Value (economics)
Economic value is a measure of the benefit provided by a good or service to an economic agent.
Capitalism and Value (economics) · Socialist economics and Value (economics) ·
Wage labour
Wage labour (also wage labor in American English) is the socioeconomic relationship between a worker and an employer, where the worker sells his or her labour under a formal or informal employment contract.
Capitalism and Wage labour · Socialist economics and Wage labour ·
Wilhelm von Humboldt
Friedrich Wilhelm Christian Karl Ferdinand von Humboldt (22 June 1767 – 8 April 1835) was a Prussian philosopher, linguist, government functionary, diplomat, and founder of the Humboldt University of Berlin, which was named after him in 1949 (and also after his younger brother, Alexander von Humboldt, a naturalist).
Capitalism and Wilhelm von Humboldt · Socialist economics and Wilhelm von Humboldt ·
Workers' self-management
Self-management or workers' self-management (also referred to as labor management, autogestión, workers' control, industrial democracy, democratic management and producer cooperatives) is a form of organizational management based on self-directed work processes on the part of an organization's workforce.
Capitalism and Workers' self-management · Socialist economics and Workers' self-management ·
Workforce
The workforce or labour force (labor force in American English; see spelling differences) is the labour pool in employment.
Capitalism and Workforce · Socialist economics and Workforce ·
The list above answers the following questions
- What Capitalism and Socialist economics have in common
- What are the similarities between Capitalism and Socialist economics
Capitalism and Socialist economics Comparison
Capitalism has 588 relations, while Socialist economics has 291. As they have in common 82, the Jaccard index is 9.33% = 82 / (588 + 291).
References
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