In his first article published in his social penetration theory (SPT) series, author and economist Rajiv Malhotra describes the theory as a way of understanding the nature of capitalism.
The SPT is a theoretical and analytical framework that identifies the characteristics of capitalism, and seeks to understand its nature, causes and consequences, and how it can be reformed.
The theory has been adopted as an alternative to the mainstream academic approach, and is now widely adopted in the social sciences, particularly in the fields of economics, politics and sociology.
Social penetration theory The theory, developed by Rajiv and his collaborator, Professor Rakesh Jha, offers a new way of analysing capitalism and how to understand the social, economic and political forces that make it possible.
It is based on three key ideas: that economic systems can be described as social systems, that a social system is one that can be classified as a social process, and that capitalism is a system that can operate under social conditions.
The theory begins by recognising that economic phenomena are not simply isolated events in the economy.
They can be influenced by social processes and processes of social production.
Social influence is often defined as the influence a social institution has on other social institutions.
This is a central idea in the SPT.
Social influence can be seen in the following ways:In the case of capitalism – the power and wealth that flows to a handful of owners of capital.
In the case, of socialism, the power that flows from the collective ownership of the economy and its social institutions and the collective participation in them.
In capitalism, economic growth is driven by the rise of capital and a growth in wealth.
This has two major effects: a rise in the share of income going to labour, and a rise of the share going to capital.
The increase in labour income and the rise in capital income in capitalist societies leads to an increase in the rate of growth of capital, and the growth of the overall economic system.
In socialist societies, however, the rise is more muted, with a decline in the growth rate of capital as a proportion of total income.
The growth of wealth has two main effects.
First, it drives up the share in the GDP of the top one per cent of the population.
This results in an increase of the level of wealth and in the power of the 1 per cent to shape the political system, both domestically and internationally.
Second, this leads to the consolidation of the power, control and influence of the ruling class and its state.
This process has been the key factor in the history of the European capitalist economies.
Social dynamics, however is a complex process.
The development of wealth, wealth accumulation and the power-sharing of power between the different layers of the society are key features of capitalism that is a social phenomenon.
The economic growth that is accompanied by a growth of a new social class is accompanied with a growth that increases the share that the rich have in the overall income.
This increase in income and power of a few, while having a negative impact on the overall economy, has a positive impact on certain classes of people.
This class, in turn, grows more powerful and more influential.
The rise of a large and powerful elite and a powerful political party has a detrimental impact on other groups of people, especially the poor and the middle class.
The rise of capitalism has resulted in the creation of a social and political system based on the domination of a small minority of people and the domination and domination of that elite through its control of the economic and financial system, the political parties and their alliances with the ruling elite, and its control over the media, the army, police and courts.
The capitalist system has also led to the rise and consolidation of certain classes, including those who are politically and economically dominant.
The SPT explains how capitalism has become a social entity, a social class, and has become the engine of its development.
It explains the dynamics of this social entity.
The power of this class, through its domination over the economy, the media and the army.
The domination of this elite and the dominance of this political party.
The emergence of certain political parties, as a result of which social movements are able to create a democratic, accountable and accountable political system.
The increasing concentration of wealth in the hands of a tiny minority of rich individuals.
The social dynamics of capitalism and socialism are complex and multifaceted.
The political system of capitalism is based upon a system of class-based political parties that rule the country.
The ruling elite has a strong influence on the political and economic system of the country through its power over the economic system, and through its political and financial control of this economic system and its political influence over the political elite.
The rule of this ruling elite is based, in large part, on the wealth and power that it owns and the ability of it to use it for its own political and ideological ends.
Social domination and economic growthThe SPt describes the dynamics that drive the rise