An economic and political system in which a nation's companies are controlled by the super rich rather than the people. Capitalism can be beneficial for producers to innovate in creating new products. Also, consumers can pursue higher-paying jobs to earn more cash to buy more expensive products that they desire the most. Nonetheless, some capitalist countries, such as the USA, Russia, China, Venezuela, and Japan, are being detrimental in the way that they are inflating prices or taxes of products that leads to the downsides of capitalism. Examples are the lack of a Universal Healthcare, below-average minimum wage, micro-transactions in video games, the Student Debt Crisis, increased world hunger, and imperialism in foreign countries to steal resources and to boost economic jobs. Furthermore, if you are born poor at the bottom of the hierarchy, then you are most likely to stay there, unless you get lucky by winning a slot machine at a casino or winning a lottery to get out of the poverty line. To an extreme, capitalism is enslaving workers to their graves in factories without them having enough spare time to be with their family members, but it will ultimately crumble.
As the income gap continues to widen, the rich gets richer and the poor gets poorer. In other words, more poor people will suffer and die under capitalism. Capitalism needs to be heavily replaced by democratic socialism to allow poor workers to share and to control the means of production equally, as well as stealing millions or billions of dollars from the super wealthy businessmen to distribute equally among themselves. Therefore, the 1% super wealthy businessmen will no longer be abusive to poor workers' rights and will no longer continue to sit on their lazy asses doing absolutely nothing to contribute to society.
by TheUnknown21 February 19, 2020
Get the Capitalism mug."I own a lot of property. I give money, that I inherited, to people with ideas that I think might make me more money."
"Great."
"I own a lot of really fast cars."
"Cool."
"I'm a winner."
"Uh-huh."
"What do you do?"
"I teach disabled kids how to read."
"Ouch. That can't pay well."
"Nope."
"Sucks to be you. Would you like to see some pictures of my cars."
"No, thank you. Sorry, I have to go."
"Look what lovely cars I have... I love capitalism."
"Great."
"I own a lot of really fast cars."
"Cool."
"I'm a winner."
"Uh-huh."
"What do you do?"
"I teach disabled kids how to read."
"Ouch. That can't pay well."
"Nope."
"Sucks to be you. Would you like to see some pictures of my cars."
"No, thank you. Sorry, I have to go."
"Look what lovely cars I have... I love capitalism."
by nobody_special October 11, 2015
Get the Capitalism mug.A country where it’s government doesn’t care about its people and only care about taking their money and leaving them broke which they don’t care and don’t do anything about it.
The United States uses a capitalism government
by Adolf Mussolini August 10, 2020
Get the Capitalism mug.by anonymous February 13, 2021
Get the Capitalism mug.1. The economic system of 99% of the world.
2. The reason you can drive Porsches and Lamborghinis instead of rusty pieces of shit.
3. The only way to be truly individualistic without having to worry about having your organs being cooked on a frying pan tomorrow or the government breaking down your doors and killing your entire family.
4. The only economic system where you have an opportunity to be wealthy instead of shit poor like the rest of your neighbors.
5. The only economic system where society, technology, and the ingenuity advances as a whole.
2. The reason you can drive Porsches and Lamborghinis instead of rusty pieces of shit.
3. The only way to be truly individualistic without having to worry about having your organs being cooked on a frying pan tomorrow or the government breaking down your doors and killing your entire family.
4. The only economic system where you have an opportunity to be wealthy instead of shit poor like the rest of your neighbors.
5. The only economic system where society, technology, and the ingenuity advances as a whole.
Socialists like to believe that everyone will do their civic duty and contribute to society, and the people who do not will be punished by people as a whole. But what they don't understand is that humanity will always be greedy, and while they will for a time happily work themselves to death for "society," they will eventually disregard their duties and not work unless compensation is involved.
Communists like to believe that with the trusty government watching their back, nothing will happen to them. But what they don't realize is that one word to come out at the wrong place at the wrong time will get them in prison and beaten and whipped.
Anarchists like to believe that with no government watching their backs, everybody will do the right thing. But what they don't understand is that humanity is a violent species (like all animals) and without a set of governing laws or any set jobs, then we will revert to our prehistoric state and every idea humanity has ever thought of will just be thrown out the window.
Every single economic/governing system mentioned here is a leech of capitalism.
Communists like to believe that with the trusty government watching their back, nothing will happen to them. But what they don't realize is that one word to come out at the wrong place at the wrong time will get them in prison and beaten and whipped.
Anarchists like to believe that with no government watching their backs, everybody will do the right thing. But what they don't understand is that humanity is a violent species (like all animals) and without a set of governing laws or any set jobs, then we will revert to our prehistoric state and every idea humanity has ever thought of will just be thrown out the window.
Every single economic/governing system mentioned here is a leech of capitalism.
by IamRonPaul June 26, 2014
Get the capitalism mug.Overall not too bad of an economic system but could use reforms such as how this one billionaire over a bunch of people who do often work harder then the billionaire yet the billionaire makes millions and millions more then the workers. Even if the billionaire did work hard it is not humanly possible to work millions of times better then the employees make.
by CuckservatardSlayer666 May 7, 2019
Get the Capitalism mug.SM entertainment = capitalism or a really bad company which makes top tier groups. stan the group not the company thank you and goodbye
by slut4haechan September 23, 2020
Get the Capitalism mug.