by Da Real Sans Undertale May 30, 2018
Boy at family dinner: Mother, boys in my school are talking about something called Capitalism.
Mother at a family dinner: Don't listen to them. They don't know what they are talking about, you have work in the potato field today by the way.
Mother at a family dinner: Don't listen to them. They don't know what they are talking about, you have work in the potato field today by the way.
by Communist 100 October 27, 2020
Examples of Capitalism are the economies of both the United States and China. Which are effectively economies which have been completely corporatized and monopolised by a small elitist group. China the state and the United States the Corporate elite.
by Baron Neville June 30, 2015
The political concept where each individual person is born (life) free (liberty). Thus the free individual has sole rights of self (property) and self-determination to remain free (pursuit of happiness).
The means of doing this is a peaceful participation in exchanging of goods and services with other individuals (market), who are also respected as free men, in a contract called society.
If everyone recognized the simplicity of these principles, a state would not be needed, but alas, for those who hate freedom, deny private ownership, or operate on pure greed at the expense of others' (nullifying their freedom), a limited state/government is a necessary evil to protect the individual's life, liberty, and pursuits of happiness.
This is Capitalism. There is no such thing as non-Capitalist economies, non-Capitalist economies like communism are merely state or collective capitalism.
So, in summary, there is either individual Capitalism (stated above) or collective/state capitalism (the numerous communism, socialism, monarchism, oligarchy variations).
If everyone recognized the simplicity of these principles, a state would not be needed, but alas, for those who hate freedom, deny private ownership, or operate on pure greed at the expense of others' (nullifying their freedom), a limited state/government is a necessary evil to protect the individual's life, liberty, and pursuits of happiness.
This is Capitalism. There is no such thing as non-Capitalist economies, non-Capitalist economies like communism are merely state or collective capitalism.
So, in summary, there is either individual Capitalism (stated above) or collective/state capitalism (the numerous communism, socialism, monarchism, oligarchy variations).
by icomeinpeace July 14, 2010
Capitalism is all for me.
by MrWhomstDVe September 3, 2021
An economic system where the industry and trade are privately controlled rather than a collective or the government. Voluntary association & personal freedom in the marketplace. Businesses are driven by demand & profit, alternated by fluctuations in consumption. Individual activity is independently sufficient & enterprises challenging in an environment of competition. In other terms: Private ownership of the means of the production.
by Sierras ugly June 3, 2023
by david smith, jr. July 11, 2008