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BOOK SUMMARY :

Define capitalist revolution the capitalist revolution is the industrialists taking all the goods services innovation inventions markets commerce and recourses and maximizing them to make more money the mind set of taking things making them better and more efficient so they can make more money section iii 6capitalism has suffered a series of mighty blows to its reputation over the past decade the sense of a system rigged to benefit the owners of capital at the expense of workers is profound in this process which we call the capitalist revolution has been accompanied by growing threats to our natural environment and by unprecedented global economic inequalities economics is the study of how people interact with each other and with the natural environment in producing their livelihoodsthe industrial revolution saw the sudden sharp rise of the manufacturing industrial and production sectors of the economy which facilitated a rise in economic revenue the capitalist system that began during the industrial revolution is one of the most effective and efficient methods of production in human historycapitalism is an economic system based on the private ownership of the means of production and their operation for profit characteristics central to capitalism include private property capital accumulation wage labor voluntary exchange a price system and competitive markets in a capitalist market economy decision making and investment are determined by every owner of wealth property

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