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Culture of capitalism

Overview of the culture of a capitalist system

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Through Social norm, Commodity and Business

Elements of capitalist culture include the mindset of business and corporate culture, consumerism and working class culture.

Capitalist culture and ideology

While certain political ideologies, such as neoliberalism, assume and promote the view that the behavior that capitalism fosters in individuals is natural to humans, anthropologist Richard Robbins opines that there is nothing natural about this behavior - people are not naturally dispossessed to accumulate wealth and driven by wage-labor.

Political ideologies such as neoliberalism abstract the economic sphere from other aspects of society (politics, culture, family etc., with any political activity constituting an intervention into the natural process of the market, for example) and assume that people make rational exchanges in the sphere of market transactions. However, applying the concept of embeddedness to market societies, the sociologist Granovetter demonstrates that rational economic exchanges are actually heavily influenced by pre-existing social ties and other factors.

In a capitalist system, society and culture revolve around exploitative business activity (the accumulation of capital derived from the surplus generated by the labor of workers). As such, proponents of capitalism would have us believe that business activity and the market exchange are absolute, or "natural", in that all other human social relations revolve around these processes (or should exist to facilitate one's ability to perform these processes).

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