Capitolism is an ironic reference to an economy in which market forces are subsumed to political interests in Washington. The term is derived from Karl Marx's term for a private enterprise-based economy, Capitalism, and the name of the building in which the U.S. Congress meets, the Capitol.
Similar to crony capitalism, capitolism isn't capitalism and it isn't quite socialism, but combines some of the worst aspects of both systems. A business that makes decisions based on what will earn it subsidies from Washington, rather than supply and demand, is capitolist.
Similar to crony capitalism, capitolism isn't capitalism and it isn't quite socialism, but combines some of the worst aspects of both systems. A business that makes decisions based on what will earn it subsidies from Washington, rather than supply and demand, is capitolist.
To avoid bankruptcy, General Motors must make business decisions based not on the market, but on the tens of billions of dollars in subsidies it seeks from Washington. Once a prominent example of capitalism it is now one of capitolism.
by Marcellus_vrw March 11, 2009
Get the Capitolism mug.CAPITOLISM: Neither Capitalism or Socialism. A hybrid. An economic theory growing out of indifference, economic stupidity, fostered by self interest and lack of knowledge or basic economics, history or social needs of either of the two different approaches. An economic system without direction, coherence or reason. The practice brings to regulations, laws and budgets confusion and the consequence being economic disaster.
by Lloyd Winburn January 21, 2009
Get the Capitolism mug.Related Words
capitalism gay for pay — the ironic and paradoxical behavior of the American legal system’s penchant of enacting laws against LGBTQ and Transexual people; while, simultaneously having corporate donors lining up to be sponsors for Gay Pride events when money can be made.
Cash Rules Everything Around Me — C.R.E.A.M.
This could be because of the “Double Income No Kids” lifestyle many gay people live, which gives them tremendous disposable income and purchasing power.
Or, it could be based on the deeply conflicted nature our culture has about sex and sexuality in all of its forms.
You can sell a car with a beautiful woman; she just can’t have access to Planned Parenthood, birth control, and abortion services.
Another example is the many versions of “boner pills” that can be purchased.
America, we are there for the erection — just not for the outcome.
An illustrative though not exhaustive list of “Rainbow Sponsors” include:
Ernst & Young
New York Life
Hilton
TD Bank
Converse
Toms
Absolut Vodka
Postmates
Disney (Take that Ron DeSantis a.k.a. The Great White Nope!)
A very interesting list.
One — somewhat unreasonable— response to all of this has been to shoot smaller sponsored consumer products with high velocity firearms.
This will not end well.
Cash Rules Everything Around Me — C.R.E.A.M.
This could be because of the “Double Income No Kids” lifestyle many gay people live, which gives them tremendous disposable income and purchasing power.
Or, it could be based on the deeply conflicted nature our culture has about sex and sexuality in all of its forms.
You can sell a car with a beautiful woman; she just can’t have access to Planned Parenthood, birth control, and abortion services.
Another example is the many versions of “boner pills” that can be purchased.
America, we are there for the erection — just not for the outcome.
An illustrative though not exhaustive list of “Rainbow Sponsors” include:
Ernst & Young
New York Life
Hilton
TD Bank
Converse
Toms
Absolut Vodka
Postmates
Disney (Take that Ron DeSantis a.k.a. The Great White Nope!)
A very interesting list.
One — somewhat unreasonable— response to all of this has been to shoot smaller sponsored consumer products with high velocity firearms.
This will not end well.
by Mind Hunter the Profiler April 20, 2023
Get the capitalism is gay for pay mug.Start-up and later stage funding provided to companies with potential for great gain or risk is typically referred to as venture capitalism. 'Denture Capitalism' captures the fact that venture capitalism is typically funded by elderly plutocrats.
'Sources report that Denture Capitalism kingpin Warren Buffett's interest in Mr. Vokonvov's innovative search engine has helped attract ample funding to the start-up.'
by Mo Dixley July 30, 2012
Get the Denture Capitalism mug.A joke started by libertarian socialist political commentator Vaush about how Americans would have already been socialists if socialism "came wrapped in an American flag" and didn't have the baggage that the word does today. Many super capitalism memes also attempt to highlight how regular capitalism restricts freedom of the average individual, whereas super capitalism (market socialism) would not.
The term has nothing to do with Mussolini's supercapitalism which was the fascist conception of modern capitalism as a denigration of an older, better, heroic capitalism.
The term has nothing to do with Mussolini's supercapitalism which was the fascist conception of modern capitalism as a denigration of an older, better, heroic capitalism.
"Listen up y'all. You've had regular capitalism and all the wealth just goes to the corporations and these fat cats just sit up there at their big ol'... they dont do shit okay- I'm selling you... SUPER CAPITALISM! SUper CAPITALISM is SO invested in private enterprise that every single individual actually collectively owns a portion of the place they work at! You're a McDonald's fry-- chef-man? You work! That's part of your business son! That's you now! SUPER CAPITALISM! In addition... I am SO in favor of market incentives and market forces that I *reject* the private ownership of ANY industry which interferes with the function of those market forces. TransportatIon? Healthcare!? These are INELASTIC MARKETS DUMB FUCK....... SUPER CAPITALISM!"
by Whette Aeggue January 1, 2021
Get the Super Capitalism mug.Capitalist exploitation simply means the fact that after its commodification the price of your work force on the market is much lower than the value it produces.
Think about it this way: worker X in company Y is producing commodity Z (goods&services). But a wage's worth of commodity Z is created by worker X in only a few hours of labour. The value his work force is rented for by the capitalist is much smaller than the value it creates. The private person owning company Y (don't forget corporations are also legal private subjects) then
appropriates the surplus value created by the labourer.
Simply put: if a labourer creates the value of his wage in a very small amount of his labouring time, who then, is he in fact labouring for most of the time?
Not only does capitalist exploitation entail that most of the value that working people create will be appropriated from them, but also that their limited precious time on this planet will be appropriated from them.
Think about it this way: worker X in company Y is producing commodity Z (goods&services). But a wage's worth of commodity Z is created by worker X in only a few hours of labour. The value his work force is rented for by the capitalist is much smaller than the value it creates. The private person owning company Y (don't forget corporations are also legal private subjects) then
appropriates the surplus value created by the labourer.
Simply put: if a labourer creates the value of his wage in a very small amount of his labouring time, who then, is he in fact labouring for most of the time?
Not only does capitalist exploitation entail that most of the value that working people create will be appropriated from them, but also that their limited precious time on this planet will be appropriated from them.
Mark sold 100 fast food meals priced at $5 in 8 hours. In two days the total value he creates is $1000. Yet he has to work for a full month to receive a salary, a wage of $800. Because Mark in unaware of capitalist exploitation he believes he is reverencing a fair pay for his work when in fact he is labouring extensively for the profit of other people.
by daskapital July 13, 2014
Get the capitalist exploitation mug.by MrNarwhal101 August 22, 2010
Get the Axe of Capitalism mug.