SOSC 1340 Lecture 8: Assignment 3 week 8
3 Dec 2017
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It is a social order in constant change and beyond that, change that seems to have a direction, an underlying principle of motion, a logic. Its nature is one described by persistent development which result into inequality among people and this result in continuous growth. The larger purpose obliviously hinges on an understanding of the energy that capitalism generates as a battery generates electricity. It is the activity that lies at the heart of the order, the drive to get ahead to make money, to accumulate capital. Capital is not the same thing as wealth. (heilbroner, p. 26). To comprehend the social development called capitalism, he contends, we must start looking at its single most vital component, i. e. its nature, which is also the essential aspect of its behavioral orientation. I picked this quote because it helps to define nature of capitalism, namely accumulation. The organising principle of capitalist society is the accumulation of capital.
