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Economic thought in the capitalist system as a determinant of social, economic and technological development

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Article

Dragicevic Radicevic, Tatjana ; Gavrilovic, Milica

SEER. Journal for Labour and Social Affairs in Eastern Europe

2013

16

4

481-486

capitalism ; collectivism ; economic development ; globalization ; human development ; income distribution ; technology ; work

Economic development

http://www.seer.nomos.de/

English

Bibliogr.

"Capitalist society in its progression stage has created a pronounced contradiction.On the one side, productive forces and technology have been developed towards a more humane social stage while, on the other, surplus value has come to belong exclusively to the private owners of capital. This has led to class stratification and moral dilemmas. The consequences of these contradictions lie in various forms ofalienation, as well as in the positions and outcomes of labour and labour struggle.The materialisation of this process is verified in the form of giant corporations and is conditioned by social development (industrial revolution and internationalisation processes). The effects of such social, economic and technological development have led to a deepening of the global class structure and to social reification, expressed in three classes: workers; managers; and capital owners. Constellations of divisions are based on the role that individuals actually adopt in certain economic relationships and social life, and their position in the realm of productive forces."

Digital;Paper



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