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According to economics.about.com, “In every economic system, entrepreneurs and managers bring together natural resources, labor, and technology to produce and distribute goods and services.” They do qualify this by claiming, “But the way these different elements are organized and used also reflects a nation’s political ideals and its culture.” (They also note Marx’s description of a capitalist economy as one in which a small group of people who control wealth make the key economic decisions.) It’s important to understand that the idea that every economic system has, or requires, “entrepreneurs and managers” in order to operate is factually wrong. For most of the time that human beings have existed we lived in. . . https://rdln.wordpress.com/2011/07/21/how-capitalism-works-%E2%80%93-and-doesn%E2%80%99t-work/ _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
