Capitalism is no longer working

Capitalism is no longer working


Western European countries experienced during the eighteenth century renaissance Vtnoat comprehensive scientific research and experiments to include various branches of science and lead to inventions and discoveries important was the direct cause of the industrial revolution during the nineteenth century. It was a revolution of the economic, social and political life impact both in Europe and beyond. One of the main results of the transition to the capitalist system, which has become the dominant way of life on earth.
The capitalist economy on consumer circle and is a key factor, the investor, the consumer. People working in the habit to get their wages and their work producing goods and services. But these workers are in fact consumers too. With a money they receive as a result of their work they are buying needs of the market, and this production and marketing cycle continues.
Was panting investors behind profits lead to the expansion and increasing investments and who was thus lead to increased recruitment of manpower in factories and new facilities. And with the continued growth of the new economic system does not produce more goods only, but it also produces more new consumers entering the market cycle through to get new jobs. Economic growth was the result directly to the relative improvement in people's lives and then to the recovery of the markets, which leads to more use.
Technological development that has emerged since the beginning of the last century, and particularly after World War II and has intensified and Taúrh in the fifties and sixties crowned enter robotics and automation and mechanization and computerization Digtlh and others, which led to the termination of the old equation. Since the use of automated devices led to a doubling of production several times while the owners of companies aim of automation or mechanization disposal of human labor was expensive Employers and less efficient than the machine. That made growth does not lead to new jobs and therefore do not lead to the consumers who are supposed presence to buy goods on the contrary, the availability While increased production capacity due to declining demand machine was instead due to the deteriorating purchasing power.

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