Capitalism What does Eric Hobsbawm mean by “human beings are efficiently designed for a capitalist system of production”? Eric Hobsbawm, a prominent Marxist historian, discusses how human beings, in his view, are shaped and adapted to fit into capitalist economic systems. His statement implies that capitalism, with its emphasis on competition, efficiency, and profit-seeking, tends to reward certain behaviors and attributes that humans naturally possess or can develop. These include qualities like ambition, productivity, and a willingness to innovate and adapt to market demands. From Hobsbawm's perspective, capitalism harnesses human creativity and productivity through market mechanisms like supply and demand, private ownership of means of production, and the pursuit of profit. He suggests that these economic structures align with basic human instincts and capabilities, making capitalism a system that can effectively utilize human labor and ingenuity to drive economic growth and dev...