The culture of capitalism Essay Example | Topics and Well Written Essays - 2000 words

The floriculture of capitalism - Essay Example capitalism as a social formation started to replace feudalism. unhomogeneous factors led to the creation of culture of capitalism, which include profit motive, commodity, human trust and the market economy (Price, 2005). The desire for profit was the main motive for the economy regardless of human rights and environmental issues (Wikipedia). The market economy was base on the concept of making money (through employment) and spending money known as consumerism. In a capitalist society the means of production are consolidated under private ownership, and the production of commodities is manoeuvre by profit motive to satisfy human desires. The culture of capitalism created a new compositors case of person and as the economy and consequently capitalism grew and the societal norms values, perspectives and belief changed. The work culture underwent a change as did the desires and the tastes. Consumer was a new type of person defined in monetary terms. Capitalism encourages people to engage in activity that is deemed valuable by other people (Price). This positive attitude towards capitalism is the reason for the success of the system.Between 1440 and 1880 Europeans and North Americans exchanged merchandise for slaves who were then transported to other locations nearly the Atlantic Ocean. The Atlantic slave trade involved the largest intercontinental migration of people. Demand for labor on plantations gave a momentum to the Atlantic slave trade. The Atlantic slave trade became an integral part of an international craft system and led to the expansion of the global capitalism. The Atlantic slave trade that started as a drip mould in 1440s grew gradually through 17th century. By 1780 an average of 80000 African slaves arrived on American shores (MSN, 2006). Slaves were the superlative exports at one point of time. The vast majority of slaves transported to America worked on agricultural plantations. Most of the plantations produced sugarcane for