“The Golden Monster”
  widely known as the
     Capitalism
     Jamil Al-Khatib
           Al-
      Uwe Freidank
Because the sheep is a sheep,
the wolf is a wolf.
   Old Arabic saying


Reicher Mann und armer Mann
standen da und sah’n ...
Structure
Definitions
History, Evolution and Today
Concepts
Capitalism’s effects
  Social effects
  Economical effects
  W...
What is capitalism?
economic system in which private individuals and
business firms carry on the production and exchange o...
History of Capitalism
Earliest forms known as “mercantilism”
=> distribution of goods to realize a profit
Originate in Rom...
Evolution of Capitalism in Europe
Between 16th – 19th Europe was
          16th 19th
dominated by Concept of Feudalism
Low...
Today
Technology Revolution
Scientific Revolution
Service Revolution
Globalisation / International
Communication
Almost ev...
Concept
Total free market
  Controlled by supply & demand to reach
  stability
  Capital, labor … should be used freely an...
Social effect
Individuality
Different social groups
People work for wages rather than for product
Crimes / Fraud / Immoral...
Economical effect
Monopoly as the best case
Inefficiency in products/services
Capital travel
Free market
Unemployment
Mone...
Capital travel
Free trade & Globalization
Effects on the rich countries
  The investments travel from one country to
  ano...
Money Cycle
Why Capitalism money cycle looks like a
spiral
Loans with interests
Corporate personalities
  Limited liabilit...
War and capitalism
War on Iraq: America is unwilling to listen
to the French, the Russians, and the
Chinese
French troops ...
Effects on Creativity
What does Patent mean?
Patent is a tool to protect the inventors
Registration process / fees
What ca...
Patents and Capitalism
Patent office funds
What can be patented
The objective of current patents
  Prevent others from imp...
CIVILIZING SOCIETY, The Annual FEASTA Lecture,
Dublin, Ireland July 4, 2000 by by David C. Korten
Suggested Solutions / Alternative
Get rid of the individuality and think
beyond your personal needs.
Our basic human needs...
Conclusions
Money should be used to produce, and
NOT only produce to get money
Any money generation that does not
produce ...
What is your Opinion?
Open For discussion
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
Capitalism "The Golden Monster"
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Capitalism "The Golden Monster"

  1. 1. “The Golden Monster” widely known as the Capitalism Jamil Al-Khatib Al- Uwe Freidank
  2. 2. Because the sheep is a sheep, the wolf is a wolf. Old Arabic saying Reicher Mann und armer Mann standen da und sah’n sich an. Und der Arme sagte bleich: Wär’ ich nicht arm, wärst du nicht reich. Berthold Brecht
  3. 3. Structure Definitions History, Evolution and Today Concepts Capitalism’s effects Social effects Economical effects War Creativity effects Suggested Solution / Alternatives Open Discussions / What do you think?
  4. 4. What is capitalism? economic system in which private individuals and business firms carry on the production and exchange of goods and services through a complex network of prices and markets. Encarta markets. a combination of economic practices that became institutionalized in Europe between the 16th and 19th 16th 19th centuries, especially involving the right of individuals and groups of individuals acting as quot;legal personsquot; (or corporations) to buy and sell capital goods such as land, labor, and money, in a free (meaning, free from state control) market, and relying on the enforcement by the market, state of private property rights rather than feudal obligations. wikipedia
  5. 5. History of Capitalism Earliest forms known as “mercantilism” => distribution of goods to realize a profit Originate in Rome and the Middle East Trade routes between 3 great empires: Egypt, Persia, and later Byzantium Islam spread to Northern Africa, Spain, the Middle East and Asia = global character
  6. 6. Evolution of Capitalism in Europe Between 16th – 19th Europe was 16th 19th dominated by Concept of Feudalism Low class people looked for freedom from this system Solution: A system based on the Mercantilism developed to be the Capitalism (Adam Smith) (Adam Smith) Industrial Revolution in 19th 19th
  7. 7. Today Technology Revolution Scientific Revolution Service Revolution Globalisation / International Communication Almost everything generats money and creates markets / New branches of products and services
  8. 8. Concept Total free market Controlled by supply & demand to reach stability Capital, labor … should be used freely and transferred easily No governmental intervention Only the best can remain in the market Fundamentally individualistic
  9. 9. Social effect Individuality Different social groups People work for wages rather than for product Crimes / Fraud / Immorality Environment Consumerism / Over consumption Living under debit Unemployment Health insurance
  10. 10. Economical effect Monopoly as the best case Inefficiency in products/services Capital travel Free market Unemployment Money cycle
  11. 11. Capital travel Free trade & Globalization Effects on the rich countries The investments travel from one country to another to reduce its costs The capital moves between countries in a cycle
  12. 12. Money Cycle Why Capitalism money cycle looks like a spiral Loans with interests Corporate personalities Limited liabilities Anonymous responsibility/Share holders
  13. 13. War and capitalism War on Iraq: America is unwilling to listen to the French, the Russians, and the Chinese French troops in the Ivory Coast Russian army in Chechnya Chinese ethnic cleansing of Tibet
  14. 14. Effects on Creativity What does Patent mean? Patent is a tool to protect the inventors Registration process / fees What can be registered
  15. 15. Patents and Capitalism Patent office funds What can be patented The objective of current patents Prevent others from implementing the designs Patents suits
  16. 16. CIVILIZING SOCIETY, The Annual FEASTA Lecture, Dublin, Ireland July 4, 2000 by by David C. Korten
  17. 17. Suggested Solutions / Alternative Get rid of the individuality and think beyond your personal needs. Our basic human needs for food and shelter are more easily obtainable than ever before, why don’t help others? Pioneering Altruism as a viable Social Norm Fair Trade / Free Market
  18. 18. Conclusions Money should be used to produce, and NOT only produce to get money Any money generation that does not produce anything for humanity should not be gained or used Inefficiency of the capitalism system Instability of the system
  19. 19. What is your Opinion? Open For discussion

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