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Capitalism as we know it today was born in 18th century Europe with the decline of feudalism and the rise of the free market. Capitalism was one with the spirit of the fledgling United States, and soon came to be a source of pride for Americans, who could claim that they lived in a socially mobile society...
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Capitalism stayed strong in the United States, gaining momentum with the industrial revolution and the expansion of the United States over the American continent. However, a new, unprecedented chapter for capitalism began after World War II with the baby boomer generation. The postwar economic momentum, combined with explosive population growth, created a capitalistic feeding frenzy...
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General points of the essay
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Explain Marx's general account of social and political change, illustrate it with examples drawn from the transition between particular historical epochs ? e.g the change from Feudalism to Capitalism or from capitalism to socialism
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Consumerism: Cause and Effect
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