Corporate capitalism, the end of a doctrine – Abstractionism or creative destruction?
SEER. Journal for Labour and Social Affairs in Eastern Europe
2010
13
1
137-148
capitalism ; economic recession ; market
Economics
http://www.nomos-zeitschriften.de/
English
"Capitalism as a system began after departing from feudal structures after the middle of the 16th century. It has now passed through three phases: commercial capitalism; industrial capitalism; and corporate or transnational capitalism. The process of worker alienation began in the phase of industrialisation and has led to complete commodification and to the abstraction of human beings, not only from others but also from self. On the capital side, a certain degree of alienation is also taking place in terms of its roles and way of use. This is leading to the opening up of new forms of ethical and moral norms, as well as a setting of new values, made manifest through various forms of reform of social systems. It is possible to observe work as an engine of productive relations, not only in terms of productivity but also in terms of its ethical and moral principles. Current events point to the problem of finding a permanent solution in the form of a new ethical doctrine which has for its goal a review of the objective scope and historical restrictions of capitalist methods of production. "
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