• Does capitalism make few rich and many poor - or more and more poor?
• Not only since the financial crisis has it become common again to hold capitalism responsible for almost all the world's evils. Renowned economic historian Werner Plumpe contrasts this with the history of capitalism, which shows how many problems the capitalist market economy has solved - and only these. Because "capitalism" is not a system, but a type of economy in which the focus is on consumption - specifically the consumption of the low-wealthy people who have been left to their fate for centuries. This is the only way to achieve economically successful mass production. This attracted criticism early on, but Plumpe shows how the capitalist way of doing business has reacted to it and is constantly changing.Capitalism has consequences like few other ideas, and we cannot escape it, not even in refusal. It is not based on an evil essence, nor is it the sum of undesirable side effects of our social system. Plumpe shows capitalism as a perpetual revolution - as a movement of constant innovation and innovation that is as good or bad as we make it. Capitalism is and always has been what we make of it.

Does capitalism make few rich and many poor - or more and more poor?

Not only since the financial crisis has it become common again to hold capitalism responsible for almost all the worlds evils.Renowned economic historian Werner Plumpe contrasts this with the history of capitalism, which shows how many problems the capitalist market economy has solved - and only these.Because "capitalism" is not a system, but a type of economy in which the focus is on consumption - specifically the consumption of the low-wealthy people who have been left to their fate for centuries.This is the only way to achieve economically successful mass production.This attracted criticism early on, but Plumpe shows how the capitalist way of doing business has reacted to it and is constantly changing.

Capitalism has consequences like few other ideas, and we cannot escape it, not even in refusal.It is not based on an evil essence, nor is it the sum of undesirable side effects of our social system.Plumpe shows capitalism as a perpetual revolution - as a movement of constant innovation and innovation that is as good or bad as we make it.Capitalism is and always has been what we make of it.