Definition: an economic system in which property and the means of production are private (privatization means in the hands of an individual, not the government)
Opinion: I love capitalism, it continues innovation via monetary inventive, and rewards hard work (economic studies show about 80%-90% of millionares/billionares worked, instead of born into wealth)
Criticisms: criticisms from socialists, communists, social democrats, and anarchists have critiqued the capitalist system, but I still believe that wealth inequality is a good thing, some people work harder than others, and in the capitalist system, there is monetary incentive to innovate
Opinion: I love capitalism, it continues innovation via monetary inventive, and rewards hard work (economic studies show about 80%-90% of millionares/billionares worked, instead of born into wealth)
Criticisms: criticisms from socialists, communists, social democrats, and anarchists have critiqued the capitalist system, but I still believe that wealth inequality is a good thing, some people work harder than others, and in the capitalist system, there is monetary incentive to innovate
Capitalism
by Capitalistic September 10, 2020
Get the Capitalism mug.Yeeeahh, I could employ Americans, pay quality wages and make products that won't break, ... but hey, this is capitalism!
by ~Carpe Diem~ January 8, 2016
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by A wee goat December 26, 2017
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a successful system where you have to work hard to get lots money
a system that says the customer is right (except Karens) if they lose customers they are out of business
if you like one product that is because of capitalism
if you say capitalism is greedy that is crony capitalism (fake capitalism)
a system that says the customer is right (except Karens) if they lose customers they are out of business
if you like one product that is because of capitalism
if you say capitalism is greedy that is crony capitalism (fake capitalism)
by meme podcast October 11, 2020
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A economic system based on private ownership, which people do criticize for making rich get richer and the poor get poorer, however they might fail to realize that capitalsim is not evil but abused by greedy fucked-up people who want more money only to lose it when they get the IRS or the Law on their assess. In short, capitalism may have it's faults but it can also be abused by greedy-fucked up people.
Evil Capitalist: Ahh I love all this money I made from capitalism but I wish I could be excluded from all these taxes
Poor guy: We should not capitalsim this because I'm a poor guy who get poorer even though the evil guy abuses it and uses us just to get more money even though the IRS will be on his ass soon, and also because I don't really want to work.
Poor guy: We should not capitalsim this because I'm a poor guy who get poorer even though the evil guy abuses it and uses us just to get more money even though the IRS will be on his ass soon, and also because I don't really want to work.
by We all are idotz September 19, 2009
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