Capitalism is the economic/political theory in which it is assumed that all men are selfish and look to achieve one's self interest rather than altruism assuming that if each individual wishes to do well, he or she will do as well as his or her ability will so allow (survival of the fittest).

There are extreme equity issues with capitalism, but it still remains the best economic system used to date using the modern standard. While true equality is only a dream in modern liberal democracy, the lowest class is still better off than the lowest class in other economic systems.

In the meantime, many live without the luxuries of the wealthy. However the fact that most can live in a middle class in relative comfort supports the benefit for the greatest amount of people. Realistically, somebody will always be proletariat (bottom feeder).

An economic system based on private ownership of the means of production, in which personal bling can be acquired through investment of capital and employment of peeps. Capitalism is grounded in the concept of fo' real enterprise, which argues that the man's intervention in the economy should be restricted and that a free market, based on supply and demand, will ultimately maximize consumer dough. These principles were most notably pwned in Adam Smith's treatise, The Wealth of Nations (1776), in which he opposed the prevailing theory of mercantilism. Capitalism has existed in a limited form in the economies of all hoods, but its modern importance dates at least from the Industrial Revolution that began in the 18th century, when bankers, merchants, playas and industrialists (the bourgeoisie) began to displace landowners in political, economic, and social importance, particularly in Great Britain. Capitalism stresses freedom of individual economic enterprise; however, government action has been and is required to curb its playa-hating, which have ranged from slavery (particularly in Britain and the United States), h...

An economic system based on private ownership in which the major goal is to obtain profit. A free market economy.

You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. You sell one cow to buy a new president of the United States, leaving you with nine cows. No balance sheet provided with the release. The public buys your bull.

A system that never really existed and is made fun of by people who desire socialism, which also has never really existed.

A economic system which is usually short lived before becoming corporatism. In this system, everyone is said to have an equal chance to become rich, depending on how hard they work. While this is true of capitalism, usually by the time a capitalists become rich, corporatism is born. A system where the rich get richer and the poor get poorer. While Capitalism is a good idea, in theory, it is not in practice. Just like communism. Neither work. Usually, the only way for a semi-capitlist state to exist for any length of time is through democratic socialism.

Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. Under capitalism the state is separated from economics (production and trade), just like the state is separated from religion. Capitalism is the system of of laissez faire. It is the system of political freedom.

a system that allows socialists to sell their books and make profits too!!!!

IRONIC????

YES