Noun
- a socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a free market rather than by state control.
- a socio-economic system based on the abstraction of resources into the form of capital, whether privately or state owned and regulated.
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Capitalism II
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...Capitalism is an economic and social system in which capital, the non-labor factors of production (also known as the means of production), is privately controlled; labor, goods and capital are traded in markets; and profits distributed to owners or invested in technologies and industries. Read full entry
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- 1.Capitalism - Wikipedia, the free encyclopedia
- Article from the Wikipedia open encyclopedia project that discusses history, characteristics ... Capitalism. From Wikipedia, the free encyclopedia. Jump to: ...
- http://en.wikipedia.org/wiki/C
apitalism
- 2.capitalism: Definition from Answers.com
- capitalism n. An economic system in which the means of production and distribution are privately or corporately owned and development is
- http://www.answers.com/topic/c
apitalism
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Capitalism..?
I have just recently started
learning about Capitalism in
19th Century Europe. I am very
interested and want to learn
as much as I can so I can
really succeed in this topic.
Can anyone tell me the basics
on Capitalism, what it really
is, how it affected society,
and how people ran society in
the 1800's?
Thanks!
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Capitalism was started by 2 main bodies: Adam Smith and the Physiocrats. It constitutes a market economy in which there is extremely high production of goods and services but also very few worker rights and very little government intervention. Due to these two facts capitalism failed during the great depression. Even though our modern day economy may in some respects be a capitalistic one it is mostly a mixed economy because it does allow for worker rights and government intervention while still providing high productivity. |
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What's the difference between I hear a lot about
"american-style" capitalism
but how is that any different
from capitalism in general? I
thought american-style
capitalism was real
capitalism. What is the
difference?
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It means the government wont get out of the way and let me make some MONEY!!!!!! |
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Can capitalism create or is it truly an inefficient
system? It is undoubtedly
capitalism that has caused the
vast majority of the world's
problems, stemming from a
universal desire for profit.
It is capitalism that creates
the "value" that profits are
above people. It is
imperialism, a result of
capitalism, that has trapped
many countries into
inefficient regimes and
poverty as a result. Because
multinational corporations
thrive on these conditions,
people in 3rd world countries
continue to be exploited.
Governments, nations, and war
are only necessary under
global capitalism (or any
profit-based economy). The
abolition of capitalism and
the state will end
inefficiency from capitalism
and from governments that
oppress their people. Thus,
production can be geared
towards helping one another.
We will ensure that all people
get access to food, water,
shelter and other necessities.
This cannot be possible under
capitalism because it is not
profitable. Thus, people will
ALWAYS be poor under
capitalism.
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Just look at all the contributions given to help poverty in history, you can bet that 90% of them come from Capitalist countries, if not 99%***** Socialist have two levels , the rich / elite and the poor/peasants, if you want that go to where it thrives,go and let America continue to prosper and supply the world with great inventions like the computer, electricity, planes, medical miracles, Satellite TV, etc.********** |
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