Qualities of media venture capitalist
Throughout its history, but especially during its peak in the second half of the nineteenth century, Capitalism G Scott Paterson had a series of basic characteristics mentioned below:
- The means of production (land and capital) are privately owned. In this context, capital refers to buildings, machinery and other tools used to produce goods and services intended primarily for consumption.
- The economic activity appears organized and coordinated by the interaction between buyers and sellers (or producers) that takes place in the markets.
- Both the owners of the land and the capital, as well as the workers, are free and seek to maximize their well-being, so they try to make the most of their resources and the work they use for production; Consumers can spend as they like their income to obtain the highest possible satisfaction. This principle, which is called consumer sovereignty, reflects that, in a capitalist system, producers are forced, due to competition, to use their resources in a way that can satisfy consumer demand; personal interest and the search for benefits leads them to follow this strategy.
- Under capitalism, the control of the private sector by the public must be minimal; it is considered that there is competition, economic activity will control itself; Government activity is only necessary to manage national defense, enforce private property and guarantee compliance with contracts. This ancient view of the role of the state in the capitalist system has changed a lot during the twentieth century.
Scott Paterson Toronto have extensive experience as a director and chairman of many public companies. The private control of capital goods or capitalism over other economic factors has the characteristic of making it possible to negotiate with the properties and their interests through income, investments, etc.
There are several definitions of capitalism according to Lindsey Goodchild among the main ones are the following:
It is the economic regime in which the means of production are private and are under the control of owners, it is understood with this construction on a regime of industrial capital goods based on private property.
It is the economic structure in which the resources of production operate mainly in favor of profit and in which managerial interests are organized entrepreneurially in terms of capital investment and constant competition for consumer and wage labor markets.
It is the economic order in which capital predominates over labor as an element of production and creation of wealth, there is a need for this phenomenon to be considered as a cause or consequence of the control over production techniques by those who have the first factor, namely the capital.
Economic system through which the social relations of production and the origin of the chain of command including the entrepreneur by commission, is established from the private and exclusive ownership of the shareholders of a company from the participation in its creation therefore of the first owners of the capital. Ownership and utility remain in the hands of those who acquired or created capital, making an extremely important point their optimal use, care and accumulation, regardless of whether the productive application of capital is generated through collective work and, as a whole, material and intangible, for each one of those involved in the same company.