An economic system based on two basic truisms:
1. Humans are greedy
2. Humans act in their own self interest FIRST
Capitalism exploits these two truisms by creating an economic structure in which benefiting yourself benefits the society as a whole. For example, when Jeff Bezos created Amazon, he benefited himself by giving himself complete financial freedom; and he benefited the society as a whole by providing fast, reliable shipping and delivery.
1. Humans are greedy
2. Humans act in their own self interest FIRST
Capitalism exploits these two truisms by creating an economic structure in which benefiting yourself benefits the society as a whole. For example, when Jeff Bezos created Amazon, he benefited himself by giving himself complete financial freedom; and he benefited the society as a whole by providing fast, reliable shipping and delivery.
by NotPieGuy January 22, 2021
Get the Capitalism mug.Terrible system where a lucky few are born into obscene wealth while the average person has to work 8 hours a day just to stay alive and those who can't find work starve to death.
We must never abandon capitalism because I deserved all 100 million of my dollars because I got lucky and was born into a rich family.
by Eddy December 23, 2003
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When a company profits on the image of minorities on its website to fake diversity, while paying lip service to building a more diverse company in the long run.
Using photoshopped images or stock photos on its website to make a company look as if it embraces a multiracial workforce is nothing but racial capitalism in action to mislead potential employees, shareholders, and the public.
by MathPlus June 28, 2018
Get the Racial Capitalism mug.The act of selling products out of the school bathroom. It can range from one kid selling a single item to organized competetive markets of products. Usually the items sold are things the school doesn't allow.
Mike: I heard Caleb made two hundred dollars selling nicotine gum ten dollars a piece in the bathroom.
Joe: Bathroom capitalism at it's finest. Someone should start a competitive sale!
Joe: Bathroom capitalism at it's finest. Someone should start a competitive sale!
by BruhMoment1738 November 14, 2019
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Get the laissez faire Capitalism mug.by Tony Scarface Montana October 30, 2008
Get the Capitalism mug.An elite unrealistic philosophy theorized by rich white males who live in big McMansions in the suburbs or rural areas. A philosophy that the individual is the ultimate sovereign and all rights come from him. All public services are criminal and should be abolished and privatised, not just highways and schools but also the Courts. If you do not believe in Anarco Capitalism, you will be labeled a "statist". All forms of government from police to the courts are socialist and should be privatised. All of the Founding Fathers were socialist, your local city councilor, firefighter, your sidewalk and anyone who works for the government is a socialist. The police and courts should be done away with and replaced by Private Defense Agencies even though these defense agencies will resemble Kellog Brown and Root, Haliburton and Blackwater USA and will turn into roving death squads similar to those in Iraq and South America when the war breaks out over who gets to use the sidewalk. Once the war over who gets to use the sidewalk is complete and one defense agency remains after executing its competitors and unwilling customers, anarcho capitalism will give way anarcho fascism.
1. Anarcho capitalist to wife: "Honey I am going to the convienence store to buy some defense and court system"
wife: "Pick up some eggs while your there"
2. Just as there are no atheist in fox holes, you don't believe in anarcho capitalism while your house is burning down and (there is no more fire department) with your wife and kids inside while they are being simultaneously raped by local prisioners who broke out of prison because is privatised.
wife: "Pick up some eggs while your there"
2. Just as there are no atheist in fox holes, you don't believe in anarcho capitalism while your house is burning down and (there is no more fire department) with your wife and kids inside while they are being simultaneously raped by local prisioners who broke out of prison because is privatised.
by douche bag fuck May 28, 2009
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