Capitalism in the twentieth century
- Capitalism in the twentieth century
Capitalism in the twentieth century changed substantially from its 19th century origins, but remained in place and by the end of the century was established as the world's most prevalent economic model, after the collapse of the USSR.
Several major challenges to capitalism appeared in the early part of the twentieth century. The Russian revolution in 1917 established the first communist state in the world; a decade later, the Great Depression triggered increasing criticism of the existing capitalist system. One response to this crisis was a turn to fascism, an ideology which advocated state-influenced capitalism; another response was rejection of capitalism altogether in favor of communist or socialist ideologies.
In the years after World War II, capitalism was moderated and regulated in several ways. Keynesian economics became a widely accepted method of government regulation; meanwhile, countries such as the United Kingdom experimented with mixed economies in which the state owned and operated certain major industries.
Other aspects of twentieth century capitalism include the rise of financial markets, quantitative analysis of market trends, and the increasing globalization of production and consumption.
ee also
*Capitalism in the nineteenth century
*Capitalism in the twenty-first century
Wikimedia Foundation.
2010.
Look at other dictionaries:
Capitalism in the nineteenth century — Capitalism arose in western Europe during the industrial revolution. During the 19th century, capitalism allowed great increases in productivity, whilst triggering great social changes. The Industrial Revolution Towards the end of the 18th… … Wikipedia
The Myth of the Twentieth Century — Alfred Rosenberg The Myth of the Twentieth Century (German: Der Mythus des zwanzigsten Jahrhunderts) is a book by Alfred Rosenberg, one of the principal ideologues of the Nazi party and editor of the Nazi paper Völkischer Beobachter … Wikipedia
Christianity in the 20th century — Part of a series on Christianity … Wikipedia
The Age of Extremes — The Age of Extremes: The Short Twentieth Century, 1914 1991 (ISBN 0 349 10671 1) is a book by Eric Hobsbawm, published in 1994. In it, Hobsbawm comments on what he sees as the disastrous failures of state communism, capitalism, and nationalism;… … Wikipedia
The Structural Transformation of the Public Sphere — The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society (in German Strukturwandel der Öffentlichkeit. Untersuchungen zu einer Kategorie der bürgerlichen Gesellschaft ), by Jürgen Habermas, was published … Wikipedia
The Theory and Practice of Oligarchical Collectivism — The Theory and Practice of Oligarchical Collectivism, by Emmanuel Goldstein, is the fictional book that is a thematic and plot element integral to the dystopian novel Nineteen Eighty Four (1949), by George Orwell. In the totalitarian society of… … Wikipedia
The Protocols of the Elders of Zion — ( Protocols of the wise men of Zion , Library of Congress s Uniform Title; ru. Протоколы сионских мудрецов , or Сионские протоколы ; see also other titles) is an antisemitic tract alleging a Jewish and Masonic plot to achieve world domination. It … Wikipedia
The Ragged-Trousered Philanthropists — The RaggedTrousered Philanthropists … Wikipedia
History of capitalism — The history of capitalism dates back to early forms of merchant capitalism practiced in the Middle East and Western Europe during the Middle Ages, though many economic historians consider the Netherlands as the first thoroughly capitalist country … Wikipedia
Capitalism and Freedom — infobox Book | name = Capitalism and Freedom author = Milton Friedman country = United States language = English genre = Nonfiction publisher = University of Chicago Press release date = 1962 media type = Print (Hardback Paperback) pages = 202… … Wikipedia
