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THE WINNING OF
CAPITALISM
MEMBERS :1. Reza rezeki ( 20100510187 )
2. Juniar laraswanda .u. ( 2010510188 )
3. Nurjannah ( 2010510192 )
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THE MEANING OF CAPITALISM
Capitalism or capital is anunderstanding which believes thatcapital owners can make an effort to
achieve maximum profit. For sake ofprinciple, the government cant
intervene in order to gain multimarket
together but government interventionmade massive profits personal interest.
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However , capitalism does not really have auniversal definition that can be widely accepted.Some expert define capitalism as a systemwhich come into force in Europe in the 16th
century until 19th century, namely thedevelopment of commercial banking in Europewhere a group of individuals and groups act as aspecific entity that could have or trade property
Personally, especially capital goods, such asland and human beings in order to process thechange of capital goods into finished goods.
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PRINCIPALS
Private ownership
Capital accumulations, no limitations.
Land, money, gold, goods (producer good)
Free market / laizes faire
Free competitions
No intervention (from government)
No monopoly
Demand and supply law
No privileges
Profit
Free of choosing job, doing trade, and holding contract.
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PHILOSOPHY OF CAPITALISM
PERSPECTIVE
Capitalism is one of the patterns of humanperspective in all economic activities. Itsgrowth does not always move yowardpositive as many people imagine but up
and down. Critique of capitalist existenceas a form of oppression of the lower classesof society is one of the factors that causethis flow has been criticized. However, not
only cristicism that threaten capitalism butalso other ideologies that want to eliminateit like communism.
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The Classic Capitalism
The government dominates the field of trade for
centuries but was instead led to economicinequality. These thinkers began to believe thatthe bourgeois, who in the previous era beganplay an important role in the economy ot thestate-dominated trade better known asmercantilism, should begin to conduct trade andproduction petterns to support community life.Some experts include
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ADAM SMITH
Born in Kirkcaldy, Scotland.The date is unknown, but hewas baptised in June, 1723).
Entered Glasgow Universitysince 15 years old.
Studied moral philosophy
Books: An inquiry into theNature and Causes of theWealth of Nations. (1776).
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Adam Smith is the classical capitalist economicfigures who attacked mercantilism which heconsiders less supportive of economic society. Heattacked the psiokrat which considers the soil issomething that is most important in the productionpattern.
The movement of production to be moved accordingto the concept of MCM (comodity-Money-Capital,
capital-commodity-money), which became a matterthat will not stop because the money will shift intomore capital and will spin again if invested.
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CAPITALISM
Capital : the one of the factors of productionsalong with land and laborwhich is expressedin term of money and producer goods
Definition : an economic system in which the
means of production are mostly privately ownedand operated for profit, and in whichdistribution, production and pricing of goodsand services are determined in a largely freemarket. It is usually considered to involve the
right of individuals and groups of individualsacting as "legal persons" or corporations to tradecapital goods, land, and money
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Adam Smiths view that there is hidden force which
will regulate market (invisible hand), then themarket should have a laissez-faire or freedom fromgovernment intervention. The government onlyserved as supervisor of all work perormed by people.
Generally acknowledge as the founder of classicalpolitical economy. He gave special emphasis on thedivision of labor as a cause of increased productivityand prosperity. Smith treatment of the wages, rental
income and more questioned. Value, he is determinedto maintain wages, profits and rents.
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AMERICA IS CAPITALIST ECONOMY
In every economic system, entrepreneurs andmanagers bring together natural resources, labor ,and technology to produce and distribute goods andservice. But the way these different elements areorganized and used also reflect a nations political
ideas and its culture.
The United States is often described as acapitalist economy, a term coined by 19th century
German economist and social teorist Karl Marx todescribe a system in which a small group of peoplewho control large amounts of money, or capital,make the most important economic decision.
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THE HISTORY OF CAPITALISM IN
INDONESIA
As we know, Indonesia use 100% capitalism system.In other hand western country use mixed economywhich is a blend of socialism and capitalism.
Based on Indonesia socialism book written by sutansjahrir 1956:
Even where socialist are not in power, there areindication of a transitional situation developing.Liberal capitalism is being replaced by a mixedeconomy with state interference and there is alsocollective property.
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IMPLEMENTATION KAPITALISM SYSTEM IN INDONESIA
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In fact traces of capitalism in Indonesia can betraced when Indonesia began to enter the eraof the new order government. New order
government began in march 1966. orientationof the new order government was contrary tothe previous era. New order more pro-westernand far from the policy of communist ideology
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Bibliography
Books Macridis, C. Roy,
Contemporary Political
Ideology little, brown andcompany Boston, Toronto
Capitalism : law ofaccumulation, 101: law ofpauperization, 101-103,
Marxs critique Anthony Brewer, DAS
KAPITAL KARL MARX(1984). Pengantar p.16
Site www.wikipedia.com/captalism
www.publicjurnal.com.sg
www.thesecretofpolitics.com.nz