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The Making Of Global Capitalism: The Political Economy Of American Empire [Sam Gindin, Leo Panitch] on Amazon.com. *FREE* shipping on qualifying offers. The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. Siblings And The Childrens Storya Play And A Novella Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. In a capitalist market economy, decision-making and investment are determined by every owner of wealth, property ... 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