by clur May 14, 2005
Get the Capital P mug.Origin; late 20th century socialist academia and media.
A catchall euphemism ascribed by apologetic socialists to the destructive economic policy, human rights abuses and totalitarian dictatorship of every failed or remnant Marxist regime. Often employed despite the prohibition of private property, extreme economic intervention by the state, broad based central planning and state domination of all aspects of individual life under those oppressive Marxist dictatorships.
A catchall euphemism ascribed by apologetic socialists to the destructive economic policy, human rights abuses and totalitarian dictatorship of every failed or remnant Marxist regime. Often employed despite the prohibition of private property, extreme economic intervention by the state, broad based central planning and state domination of all aspects of individual life under those oppressive Marxist dictatorships.
ThE ECoNomy oF tHe SoVieT uNioN WAs StATe CapitAliSm, lIkE cHiNA Is toDay. rEaL cOmMunIsM HaS nEvER bEeN triED.
by Smitty Jim October 12, 2019
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by yummysmoothie June 2, 2018
Get the capitalism mug.(n.) Rarely accessed account that records only permanent changes in capital, such as drawings or withdrawl of capital.
by Kung-Fu Jesus May 6, 2004
Get the capital account mug.by cwells June 4, 2019
Get the Capitalism mug.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
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