blog




  • Essay / The Inevitability of Capitalism - 1365

    The exact origin of capitalism is unknown and precisely tracing its creation is, as Joyce Appleby says, an enigma in itself. However, speculation denying the inevitability of capitalism is an even greater and rather unsuccessful feat. Appleby's research and evidence so far supports much of his hypotheses tracing the colorful history of capitalism, even if his arguments against its inevitability fall short. The question is whether it presents a convincing argument, the answer is yes. However, convincing is not convincing and one must be convinced to legitimately support one's argument. Human nature is ingrained in us all and its traits inevitably materialize during our growth as we mature, increase our capacity for intelligence and, more importantly, develop our autonomous capacity to apply the intelligence we have accumulated . The question is therefore deeper and the argument is whether certain aspects of capitalism are actually part of our human nature despite a culture that oppresses us or, on the contrary, nourishes us. Therefore, I disagree with Appleby's hypothesis and argue that there is an inevitability linked to the emergence of capitalism. There is a distinct degree of reprehension conveyed by Appleby in the first chapter; in which she expresses her contempt for the theories of a revered predecessor of economic thought, Adam Smith. This contempt is evident in the strange way in which she seems to take personal offense at the omission of the details of the struggle over the birth of capitalism – something she states several times in the chapter. Furthermore, it is stated that the difficulties involved in achieving capitalism have been overlooked or taken for granted by such a graceful idea...... middle of paper ...... continue to denounce capitalism. It is ridiculous to think that the tendency toward capitalism in humans is as primal as eating or procreating. On the other hand, the same curiosity ingrained in humans that drives us toward theism drives us toward advancement, gain, and acquisition. Initially, the conquest of these curiosities, as history has shown us, is done by the method of “by any means necessary”. Ultimately, dare I say, this is inevitably done by the most effective means available; therefore, an accurate description of capitalism. It follows therefore that even if man is confronted with struggles which require his ingenuity, this in no way compromises the occurrence of inevitable events; it only strengthens their existence. Works cited by Appleby, Joyce Oldham. The Implacable Revolution: A History of Capitalism. New York, NY: WW Norton &, 2010. Print.