The form of capitalism that invites the most third order abstraction is
A) merchant capital with profits being made on circulation
B) agricultural capitalism with profits made on land and slaves
C) industrial capital with profits being made on labor and industry
D) finance capital with profits being made on credit and loans
E) all of the above

Question

Quizplus · Accepted Answer

Finance capital involves a high level of abstraction as it is based on the creation and manipulation of money, credit, and financial instruments rather than physical production or trade. This abstraction allows for complex financial systems and speculation, making finance capital the most prone to third-order abstraction.

The Form of Capitalism That Invites the Most Third Order