Capitalism

Scottish moral philosopher and political economist (1723–1790)

1947–1991 tension between the Soviet Union and the United States and their respective allies

Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit. This socioeconomic system has developed historically in several stages, and is defined by a number of constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies may experience business cycles of economic expansion followed by recessions.

Globalization (UK: globalisation) is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. It can be attributed to a series of factors, including the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation infrastructure, and the advancement of information and communication technologies. The term globalization first appeared in the early 20th century (replacing an earlier French term ). It developed its current meaning in the second half o

assets used for the production of goods and services

President of Cuba, 1940–1944; dictator, 1952-1959 (1901-1973)

type of economic system

thumb|Polish anti-communist activists with a banner reading "Out with Communism" during a Śląsk Wrocław football match in March 2012

form of market-based economy

series of protests during 1989 overthrowing communist governments in Eastern Europe

economic system combining public and private production

reference to physical, non-human inputs used in production to produce wealth

Objectivism is a philosophical system named and developed by Russian-American writer and philosopher Ayn Rand. She described it as "the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute".

fluctuation in the degree of utilization of the production potential of an economy

economic and social policies common to the Nordic countries, including a comprehensive welfare state and collective bargaining at the national level, while being based on the economic foundations of free market capitalism

relationship where a worker sells labour to an employer

sector of the economy run by non-state entities

capitalist economy where the government acts as a corporation

capitalism featuring undue alliances between business interests and politicians

monetization of personal information

tendency of a financial market to move in a particular direction over time

gathering or amassing of objects of value; the increase in wealth through concentration; or the creation of wealth

type of property

capitalist appropriation and assimilation of sexual diversity

arguments against the economic system of capitalism

economic ideology within conservatism in the United States

Post-capitalism is in part a hypothetical state in which the economic systems of the world can no longer be described as forms of capitalism. Various individuals and political ideologies have speculated on what would define such a world. According to classical Marxist and social evolutionary theories, post-capitalist societies may come about as a result of spontaneous evolution as capitalism becomes obsolete. Others propose models to intentionally replace capitalism, most notably socialism, communism, anarchism, nationalism and degrowth.

Marxist theory

ethical theory

slogan associated with Margaret Thatcher

review of the economic system of capitalism.

term used by critics of capitalism to describe the current version of the political and economic formation

Eco-capitalism, also known as environmental capitalism or (sometimes) green capitalism, is the view that capital exists in nature as "natural capital" (ecosystems that have ecological yield) on which all wealth depends. Therefore, governments should use market-based policy-instruments (such as a carbon tax) to resolve environmental problems.

Commercialism is the application of both manufacturing and consumption towards personal usage, or the practices, methods, aims, and distribution of products in a free market geared toward generating a profit. Commercialism can also refer, positively or negatively, to corporate domination. Commercialism is often closely associated with the corporate world and advertising, and often makes use of advancements in technology.

essay by Friedrich A. von Hayek

Maoist term for people or groups within socialist revolutionary circles who would attempt to return to capitalism

capitalism featuring rent-seeking without wealth creation

Capitalism with welfare policies

political ideology

capitalism dominated by large corporations

form of capitalism

process of buying a large stake in a corporation and then using shareholder voting rights to require major changes

A system using prices to measure the value of goods and services.

term for commodity-based art, from Pop Art in the 1950s and 1960s to the commodity art of the 1980s and 1990s

Corporatization is the process of transforming and restructuring state assets, government agencies, public organizations, or municipal organizations into corporations. It involves the adoption and application of business management practices and the separation of ownership from management through the creation of a joint-stock or shareholding structure for the organization. The result of corporatization is the creation of state-owned corporations (or corporations at other government levels, such as municipally owned corporations) where the government retains a majority ownership of the corporat

economic system of reliance on large software-hosting corporations in contrast to peer-to-peer cooperation

concept of the state in a capitalist system

political catchphrase

Marxist theory

economic system in which a market economy exists alongside an authoritarian government

government intervention to save failing businesses at the expense of taxpayers

stock market speculator

phenomenon of decreasing war in market economies

Historical macroeconomic policy in the United States

condition in which consumer demand is manipulated through mass-marketing

alt=A faded, sepia-tinged illustration of rectangular buildings near a body of water. They are lined with many windows, and smokestacks protrude from the roofs|thumb|424x424px|McConnel & Company mills, Manchester . Fossil fuels were first used as a generalized power source in the British textile industry. The Capitalocene is a critique of "man versus nature" thinking in climate politics. Frequently misunderstood as an alternative geological periodization to the Anthropocene proposal, the Capitalocene's leading proponents argue for the centrality of capitalism in the making of climate crisis. T

company owned and operated by a municipality

Wikimedia portal

marxist social and economic concept by Cedric J. Robinson