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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/Capitalism
  • 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/capitalism
Questions/Answers
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!
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.
What's the difference betweenamerican-style capitalism andcapitalism in general?
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?
It means the government wont get out of the way and let me make some MONEY!!!!!!
Can capitalism createsustainable solutions tocombat global poverty?
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.
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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