A system that never really existed and is made fun of by people who desire socialism, which also has never really existed.
Political economist are the modern sophist.
by Squamous Chicken August 19, 2003
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a system that allows socialists to sell their books and make profits too!!!!

IRONIC????

YES
marx became popular because of capitalism, which sold his books, not socialism, which took them away.
by sorry can't give you that February 24, 2008
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A system of poltical, social, and economic organization, in which, physical force is barred from human relationships. To the extent that it has been tried, its results have been amazing. I am typing this on a computer made by the capitalist system, for instance.
While there has been no example of pure capitalism, America at certain times in history was close, and Hong Kong has been close to pure capitalism. Notice the level of economic develop of these places under capitalism.
by Drew Rawlings January 2, 2004
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Meaning: the best, the greatest, and better than everything else.
Can also be a synonym for peng.
Person 1: hey bro. My favourite dessert is New York Cheesecake.
Person 2: Yeah man, that stuff’s right capital.

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Person 1: hey did you see her selfie the other night. Peng ting.
Person 2: yah, capital for sure.
by HiroiUmiCara February 4, 2018
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Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. Under capitalism the state is separated from economics (production and trade), just like the state is separated from religion. Capitalism is the system of of laissez faire. It is the system of political freedom.
I value individual rights, therefore I promote capitalism.
by John Galt November 18, 2003
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An often maligned system that was endorsed by Philosophes of the Enlightenment and again by the Social Gospel of the Industrialist Period during the late 19th century. A system that rewards those who work hard and use their talents to the fullest extent, now has been confused and distorted into a systematic operation of oppression and greed, called "corporatism". Can actually be mixed with socialism to create a utopian society if managed properly, a system we almost achieved under Clinton but was trashed by Dubya.
Capitalism is actually a system built for a democratic society by the definition of Enlightened Philosophers, but Corporatism has distorted the meaning of capitalism horribly.
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