Capitalism definition, an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.
State capitalism is an economic system in which the state undertakes business and commercial (i.e. for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor).
Capitalism is an economic system representing a broad range of ideologies that fall under the umbrella of "capitalism". Capitalism is defined in many different ways, by socialists it's usually defined as a system where the bourgeoisie exploit the proletariat, by market anarchists it's usually defined as corrupt markets and by Right-Libertarianism it's usually defined as a free enterprise system.
In the current era, the military–industrial complex is seen as a core part of American policy-making. The American domestic economy is now tied directly to the success of the MIC which has led to concerns of repression as Cold War-era attitudes are still prevalent among the American public.
The novelist Ayn Rand made positive moral defenses of laissez-faire capitalism, most notably in her 1957 novel Atlas Shrugged and in her 1966 collection of essays Capitalism: The Unknown Ideal. She argued that capitalism should be supported on moral grounds, not just on the basis of practical benefits.
The flag of anarcho-capitalism is a diagonal bicolour of Gold and Black, representing Capitalism (and hard money), and Anarchism, respectively. The origins of the flag of anarcho-capitalism date back to Robert LeFevre 's 'Freedom School' in Colorado that, in the years 1963-1964, held a winter and spring long 'Phrontistery,' in which the Anarcho ...
“The method of capitalism’s destruction,” Ayn Rand writes, “rests on never letting the world discover what it is that is being destroyed.” In Capitalism: The Unknown Ideal, Rand and her colleagues define a new view of capitalism’s meaning, history, and philosophic basis and set out to demolish many of the myths surrounding capitalism.
Capitalism: The Unknown Ideal CONSERVATISM: AN OBITUARY (1962) The moral-philosophical conflict that prevents conservatives from defending capitalism, rendering them even more dangerous than liberals to the cause of freedom.
Capitalism . Capitalism is an economic system in which private entities own the factors of production. In the 1987 movie "Wall Street," Michael Douglas as Gordon Gekko summed up the philosophy of laissez-faire capitalism when he famously said, "Greed, for lack of a better word, is good."
“Capitalism: The Unknown Ideal”, p.320, Penguin 86 Copy quote Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending.