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.
“Crony capitalism” is a contradiction in terms. Capitalism is a political-economic system based on the principle of individual rights, which means the separation of state and economics (just like the separation of church and state). Under capitalism, the government’s sole purpose is to protect each individual’s rights equally.
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.
Ayn Rand defined capitalism as a social system based on the recognition of individual rights, including property rights, in which all property is privately owned, and called it the unknown ideal. Robert LeFevre , an American libertarian and primary theorist of autarchism , defined capitalism as savings and capital —in essence—as savings ...
Capitalism: The Unknown Ideal MAN’S RIGHTS (1963) Individual rights as moral principles identifying the social conditions required by man’s nature for his proper survival.
Everyone has their breaking point. There's only so much BS you can take from a terrible boss before exploding into a confetti of expletives and insults you've been fantasizing about saying every day for months.
She called capitalism the "unknown ideal" because it has never been fully implemented, even in America. Ayn Rand's ideas on capitalism, individualism, and reason have attracted millions of people to her novels, essays and lectures.
Venture Capital Fills a Void. Contrary to popular perception, venture capital plays only a minor role in funding basic innovation. Venture capitalists invested more than $ 10 billion in 1997, but ...
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