Corporate capitalism arose from a long decline of entrepreneurial and proletarian phases

Evidence

Capitalism is a system of commodity production, centred upon the relation between private ownership of capital and propertyless wage labour, this relation forming the main axis of a class system. Capitalist enterprise depends upon production for competitive markets, prices being signals for investors, producers, and consumers alike. — Anthony Giddens, The Consequences of Modernity, 150 (#qualifies, via linked claim)

Categorization

  • XREF: connects to: Corporate optimization creates both new species and new precarities — , The Braided Reading EPUB: 5-Year…, 2370; Postindustrial class structures arose from consumer affluence and corporate capital; Capitalism is defined by private capital, propertyless wage labour, and competitive markets — Anthony Giddens, The Consequences of Modernity, 150 (+5 more)

Broader Connections