1. Capitalism
Ultimately, it is the nation-state that guarantees the ownership of private property and the means of production and provides support for disciplining the work force. ... The state plays an essential role in creating conditions that inhibit or promote consumption, controls legislation, controls money supply, initiates economic, political, and social policies to attract capital, and controls the legitimate use of force. ... Here his life was regimented to fill the needs of a highly organized productive system sensitively attuned to the driving forces of competitive free enterprise. ...
- Word Count: 864
- Approx Pages: 3
- Grade Level: Undergraduate