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Man dude, capitalism sucks.
Yeah, dude, I know. The south showed me that.
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Something really stupid, Communism best.
Boy at family dinner: Mother, boys in my school are talking about something called Capitalism.
Mother at a family dinner: Don't listen to them. They don't know what they are talking about, you have work in the potato field today by the way.
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Capitalism is the Corporatization and the monopolization of the Laissez-faire free market economy.
Examples of Capitalism are the economies of both the United States and China. Which are effectively economies which have been completely corporatized and monopolised by a small elitist group. China the state and the United States the Corporate elite.
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The political concept where each individual person is born (life) free (liberty). Thus the free individual has sole rights of self (property) and self-determination to remain free (pursuit of happiness).
The means of doing this is a peaceful participation in exchanging of goods and services with other individuals (market), who are also respected as free men, in a contract called society.
If everyone recognized the simplicity of these principles, a state would not be needed, but alas, for those who hate freedom, deny private ownership, or operate on pure greed at the expense of others' (nullifying their freedom), a limited state/government is a necessary evil to protect the individual's life, liberty, and pursuits of happiness.
This is Capitalism. There is no such thing as non-Capitalist economies, non-Capitalist economies like communism are merely state or collective capitalism.
So, in summary, there is either individual Capitalism (stated above) or collective/state capitalism (the numerous communism, socialism, monarchism, oligarchy variations).
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It’s what I discuss when my brother tries to get even one-fraction of a bowl of pasta.
Capitalism is all for me.
An economic system where the industry and trade are privately controlled rather than a collective or the government. Voluntary association & personal freedom in the marketplace. Businesses are driven by demand & profit, alternated by fluctuations in consumption. Individual activity is independently sufficient & enterprises challenging in an environment of competition. In other terms: Private ownership of the means of the production.
Capitalism is a meritocratic system prioritizing an individuals creativity & talent.
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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