Inventions, capitalist wealth and liberal think

Abstract

The essay, “inventions, capitalist wealth and liberal think” is a philosophical discourse. It points out a similarity between aristocratic and capitalist wealth. Both arise out of the receipt of producer surplus. The sources of producer surplus are somewhat different. For the aristocracy, the source was largely land whereas inventions are more significant for capitalist wealth. Wealth gives power, which can be exercised in different ways and yield different social and political outcomes. One particularly noteworthy offshoot is the ideology that is devised to defend and rationalize wealth and its usages. The ideology that serves capitalist wealth is quite unique and varied in nature, and is not as mutually consistent as might be expected.

Citation

Wellington, D.C. (2002), "Inventions, capitalist wealth and liberal think", International Journal of Social Economics, Vol. 29 No. 10, pp. 806-812. https://doi.org/10.1108/03068290210444430