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1. A politico-economic system in which the owners of the most capital (means of production) use the government to steal the private property of the masses (often in the name of private property) via such measures as eminent domain, self-serving regulation, confiscatory taxation, inflationary spending, corporate bailouts, "too big to fail" doctrines, etc., in order to maintain their own position at the top of the wealth hierarchy.
2. A misnomer for the system combining social cooperation in the division of labor with respect for the private property of all, big and small. Properly called the free market.
The USA espouses capitalism, NOT the free market.
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An economic policy that is mostly hated by white, middle class teenagers who don't want to work.
Get a job and stop bitching about capitalism.
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When the vaccine for the swine flu that is more dangerous than the flu itself is legal and approved by the government, and the people STUPIDLY rush to get it because of the superb PR strategies from the pharmaceuticals. Government sits back and does nothing, in fact u can't even sue the company and they r making millions of dollars, no one is held responsible for putting human lives in danger - capitalism.
OMG this flu is worse ever and I'm gonna die and it's gonna be pandemic so I better go get vaccinated while I do not have a clue that the vaccine is a moneymaking toxic machine cuz nobody told me. Oh wait, I live in capitalism. Maybe I should know better,,,
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A economic system that doesn't exist. It exists only on paper, same as socialism and communism.
America - half capitalist half socialist
Communist Russia - Dictatorship (not communist)
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socialism is greed
the assholes at the top were even more greedy under socialist systems
forget your little pipedreams of utopia because the elites will always serve themselves and fuck the poor
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The ONLY economic system that rewards people who are more intelligent and productive than others, as well as the ONLY system that promotes freedom, individualism, and human progress. As opposed to socialist systems which insist on equality ahead of anything else, equality which has to be ENFORCED by big government, and have led to tyranny in countries like Cuba, China, and especially the Soviet Union.
However, is not a perfect system, and does have some problems. Most of them are caused by the government because it is working in tandem with the private sector (see crony capitalism). Even crony capitalism is far better than socialism.
Unfortunately, capitalism has a bad name among young people these days, often associated with the words "pig", "bastard", and "evil." Maybe because they think that America (which is NOT a purely capitalist country, and is still basically the best country in the world) is the only example of capitalism, and they don't like the fact that they have to go out and get jobs.
Socialists advocate redistribution of wealth and worker-run companies. Communists advocate similar things, except enforced by totalitarianism. See Soviet Russia.
1.
Suppose you are a highly intelligent, productive person.
Socialism: You live in a crappy housing block with some other intelligent, productive people, and some disgusting, unintelligent, unproductive bums, who make ABOUT as much money as you. You work a job assigned to you by the state, which most likely does not have anything to do with your skill set. You know you will never become wealthier or improve your lifestyle, so your motivation to work hard is almost nil.
Capitalism: You had a good idea and were good at business, so you live in a beautiful house, drinking expensive Champagne and surrounded by beautiful models, and do whatever the hell you want to all day. Well, OK, not always, but at least sometimes!
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Me: I'm an intellectual, and I believe in capitalism.
Stupid teenager: I'm an intellectual, and I'm a socialist because I have read the writings of Marx and believe in public management of business.
Me: No, you're a stupid teenager, and you're a socialist because you don't want to get a DAMN job!
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Italian for "Do you understand?" Commonly used on the TV show Full House.
"Look, you gotta spend money if you want to make money. Capite?"
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