oa The Constitution - The specificity of the capitalist economy
|Article Title||The specificity of the capitalist economy|
|© Publisher:||Centre for Constitutionalism and Demilitarisation, Nigeria|
|Affiliations||1 University of Calabar, Cross River State, Nigeria|
|Publication Date||Dec 2007|
|Pages||43 - 64|
|Keyword(s)||Capitalism, Capitalist economy, Economy, Globalisation and Nigeria|
This article rethinks capitalism in the context of capitalist globalisation and the consequent scholarly misrepresentation of the essential features of this economic category. By means of an in depth reflection on the specificity of capitalism, the article argues that capitalism means more than the facile definition of it as market economy. It is a mode of production with contradictory dynamics which define its essentiality. The article concludes that beyond a prejudiced interpretation of economic reality by neoliberal thinkers, science can further humanity's appreciation of reality in ways that are redemptive.
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