Quick Summary Of Fulcher’s Capitalism
Throughout history, we can see repeatedly that dominance is what keeps a nation alive and thriving but not everybody contributes to that. People that are not middle class or poor prefer the term free market to show their dominance. Fulcher’s perspective on capitalism includes dominance in the economy. Fulcher looks at capitalism as a way to invest money and make profits from that investment. The very short story written by Fulcher explores the origin of capitalism in Europe which was a powerhouse and a lucrative asset. Fulcher talks about industrial capitalism which was the center of attention because the economy can be evaluated on how well the industries are doing. But this example can also be looked at in this modern era where the stock market has so much power and there are people who can manipulate it. That just shows how capitalism and Fulcher’s perspective in gaining wealth has not died as people are making a ton of money.
Throughout the text, Fulcher talks about international trade-in and capital raise which shows capitalism at its best as it includes taking money from people then investing it. But at the same, you are also making a lot of money. Capitalism can be seen in many other historical times than Fulcher’s like when the British took over India. They wanted private ownership and all the resources but in return, they gave nothing instead they kept on gaining wealth. So that should tell you how big the concept of capitalism is something very which everybody wants but it does not benefit everybody especially in an economy where the nation relies on the labor force and taxes to maintain order.
But that is where capitalism shines because the economy people around have found loopholes that help them cheat the county people. This can be summarized in Fulcher’s saying as he expressed how you need to invest money to make money.
Hi, Abhisek—congratulations on being the first post! Remember that these post are intended to get you thinking more deeply about a certain aspect of the work in question, not to “summarize”… That said, you emphasize the theme of “dominance,” but what specific form(s) did that dominance take in the period we’ve been discussing (the 16th–17th centuries), and how did it change over time, through the various phases of capitalism that Fulcher describes?