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.Shortened as AnCap. One put it to me as “the final conclusion of natural rights.” Anarcho Capitalists believe that Natural Rights (life, liberty, and property) should be observed in every sense of the word. They view the state as an institution of theft, due to their main source of income being the forceful removal of money. They despise the idea of a central government, in any capacity. Being democratic or authoritarian. They see authoritarianism as the embodiment of the much hated “state,” and democracy as a sham. Democracy in their view being a couple of mobs who tell the government to “steal” from x,y, or z.
Their proposed solution is the abolition of the state, and the use of a totally free market to replace the state in every function. From roads, to private law, and even military. They claim that the services who take their place have historically proven to be cheaper and better preforming due to competition, and will get better at the current rate of development.
Anarcho Capitalism is the most radical sector of libertarianism and the right. Don’t call them alt right, they hate being called alt right. They also never say they’re an anarchist outside of the echo chambers, unless you put two and two together and call them out.
Their proposed solution is the abolition of the state, and the use of a totally free market to replace the state in every function. From roads, to private law, and even military. They claim that the services who take their place have historically proven to be cheaper and better preforming due to competition, and will get better at the current rate of development.
Anarcho Capitalism is the most radical sector of libertarianism and the right. Don’t call them alt right, they hate being called alt right. They also never say they’re an anarchist outside of the echo chambers, unless you put two and two together and call them out.
Anarcho capitalism is great and all, but will it ever really be achieved?
Not in our life times, but maybe in 200 years of continued struggle.
Not in our life times, but maybe in 200 years of continued struggle.
by SpeakundSpell November 28, 2020
Get the Anarcho 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
Get the Capitalism mug.Bane capitalism is the process of clever financial operators aquiring under performing companies, guttting them, selling off the profitable components and shutting down the ones that are not, resulting in maximizing shareholders return, causing layoffs for thousands of middle class citizens, therefore spreaing much misery throught the country. See the 1991 film, Other Peoples Money.
One 2012 GOP presidental candidate made his fortune and notoriety by employing the method of bane capitalism
by bullet88 January 17, 2012
Get the bane capitalism mug.One who believes one should make as much money as inhumanly possible by any means necessary. Commonly followed by "pig".
Capitolists are not sympathetic to the poor because they believe that because THEY became rich, anyone can. They believe that poor people are just lazy.
Capitolists are not sympathetic to the poor because they believe that because THEY became rich, anyone can. They believe that poor people are just lazy.
That capitolist pig!
by The Drafted's guitar player September 6, 2005
Get the capitolist mug.A funny word from Communism
by dank me me me October 6, 2020
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