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Critical Analysis of the Influence of Transnational Capitalism on Institutions and Organizations

Jose Vargas-Hernandez

Chapter 2 in Capitalism and the Social Relationship, 2014, pp 16-35 from Palgrave Macmillan

Abstract: Abstract The term capitalism carries a long history of human exploitation and for a long time, in general, has been omitted from speeches, although it is accepted the existence of a system that in fact is valid and current with important variations (Jay & Jay, 1986; Tormey, 2012). Weber (1978) defines the spirit of capitalism as the set of elements that inspire ethical entrepreneurs on their shares in favor of capital accumulation. Thus, capitalism establishes a new moral relationship between people and their work.

Keywords: World Trade Organization; Capital Accumulation; Liberal Democracy; World Order; Creative Destruction (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-32570-9_2

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DOI: 10.1057/9781137325709_2

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