Dropping out of Seward Park High School at the age of 15-due to what he described as an inhospitable learning environment-he began what would become an extremely prosperous entrepreneurial career, opening his first store at the age of 17. In addition to working as a successful contractor, Mateo established Carpet Fashions Inc., a carpet-furnishing franchise located in lower Manhattan, which generated a multi-million dollar business throughout the borough.
Mateo, in addition to selling his wares to affluent upper West Siders, also marketed his product to those New Yorkers who lived in tenements and high-rise apartments, most of which had unfurnished floors.
Read more about this topic: Fernando Mateo
Other articles related to "capitalist":
... The process serves the basic need of the Capitalist- desire to accumulate surplus value ... the need for technological innovation for the survival and expansion of the Capitalist Class ... thus works as a market driver for the Capitalist, who is now the sole supplier of this new product ...
... implies working towards the transformation of capitalist society towards building social arrangements which are more compatible with these commitments ... they work in institutional contexts which paradoxically implicates them in maintaining capitalist functions ... Social work seen as an indispensable tool of the capitalist social order ...
... Marx the term "rentier" was used juxtaposed to a "capitalist" to show that a rentier essentially uses up all of his profit, whereas a capitalist is forced to invest most of the surplus value to survive competition ... bring about his own ruin, or become an industrial capitalist..." However, he soon arrives to the understanding of capitalism as inherently built upon practices of usury and thus inevitably leading to the ... and rent (that is the form of landed property created by capitalist production itself) are superfetations which are not essential to capitalist production and of which it can rid itself ...
... for the purpose of revealing how commodity fetishism obscures the reality of capitalist society ... theory in one direction went those who rejected the capitalist system as fundamentally anti-social, arguing that it could never be harnessed to effectively realize the fullest development of human ... it has several important statements The Law of Value Capitalist production is the production of “an immense multitude of commodities” or generalised commodity production ...
Famous quotes containing the word capitalist:
“It has to be acknowledged that in capitalist society, with its herds of hippies, originality has become a sort of fringe benefit, a mere convention, accepted obsolescence, the Beatnik model being turned in for the Hippie model, as though strangely obedient to capitalist laws of marketing.”
—Mary McCarthy (19121989)
“... in a capitalist society a man is expected to be an aggressive, uncompromising, factual, lusty, intelligent provider of goods, and the woman, a retiring, gracious, emotional, intuitive, attractive consumer of goods.”
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