Culture of capitalism

Culture of capitalism

The Culture of capitalism is a term used to refer to the lifestyle of the people living within a capitalist nation, or the international influence of such a nation on others.

Essentially, the people of the culture of capitalism are driven by the rules of their society, or social norms. The people of the culture of capitalism believe that these values, attitudes and aspirations are normal for all people in the world.

Tenets

Motivated by the accumulation of personal wealth; the idea that the business' desire for profit is the main motivation of the economy, regardless of human rights or environmental issues.

The Concept that making money (employment) and spending money (consumerism) is the function of a market economy.

In addition, the Culture of Capitalism also endorses the spread of Capitalism to nonbelievers who do not agree with the tenets. It is a culture that "would be ready to make many an intellectual or even moral concession in order to maintain that standard" (Siegfried 1928, quoted in Leach 1993:266).

Secondary aspects

The other part of this culture is the creation of a new type of person. The "consumer," a type of person almost totally defined in monetary terms, was unheard of until the 19th century. It was a historical first when an emerging society was founded on the categories of people: capitalist, laborer and consumer, which are interdependent on each other.

References

*cite book | author=Leach, William | title=Land of Desire; Merchants, Power, and the Rise of a New American Culture | location=New York | publisher=Pantheon Books | year=1993 | isbn=0-394-54350-5
*cite book | author=Robbins, Richard| title=Global Problems and the Culture of Capitalism| location=Boston | publisher=Allyn & Bacon | year=2005| isbn=0-205-40741-2
*cite journal | author=André Siegfried| title=The Gulf Between | journal=Atlantic Monthly | month=March | year=1928 | volume=115 | pages=289–296

ee also

* cultural imperialism
* americanization

External links

* [http://www.rationalrevolution.net/articles/capitalism_culture.htm Understanding Capitalism Part IV: Capitalism and Culture]
* [http://www.pearson.ch/download/media/9780205407415.pdf Constructing the Consumer by Richard Robbins]


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