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Politics : Foreign Affairs Discussion Group

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To: Noel de Leon who wrote (127839)3/30/2004 3:23:19 PM
From: KLP  Read Replies (1) of 281500
 
re: Capitalism: Do you think Government creates wealth??? Where does Government get its money in the first place???

Taxes. period.

Notice in particular the capitalism and opposite of capitalism definitions:

Pronunciation: 'kapi`tlizum


Matching Terms: capitalisation, capitalise, Capitalist, capitalist economy, capitalistic


WordNet Dictionary

Definition: [n] an economic system based on private ownership of capital

Synonyms: capitalist economy

Antonyms: socialism, socialist economy

See Also: free enterprise, laissez-faire economy, market economy




Definitions of capitalism on the Web:

Economic system in which goods and services are produced, exchanged and owned by individuals with minimal governmental regulation.
www.thisnation.com/glossary.html

Economic system in which property is privately owned and goods are privately produced.It is sometimes referred to as the private enterprise system.
pittsford.monroe.edu/jefferson/calfieri/economics/EcoGlossary.html

an economic system characterized by private or corporate ownership of capital goods by investments that are determined by private decision rather than by state-control, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
www.imuna.org/manual/app_a.html

A socio-economic system characterized by private initiative and the private ownership of factors of production. In such a system individuals have the right to own and use wealth to earn income and to sell and purchase labor for wages. Furthermore, capitalism is predicated on a relative absence of governmental control of the economy. The function of regulating the economy is achieved largely through the operation of market forces, whereby the price mechanism acts as a signalling system which determines the allocation of resources and their uses.
www.indiana.edu/~ipe/glossry.html

economic system based on the private ownership of the means of production, distribution and exchange.
www.asset-analysis.com/glossary/glo_008.html

A system of economic organization characterized by the private ownership of the means of production, private property, and largely market-based control over the production and distribution of goods and services.
www.chass.utoronto.ca/~reak/eco100/glosslist.htm

An economic system of private ownership of capital. In other economic systems, the government or other groups own some or all capital. <top>
www.gcee.org/www/projects/smg/StudentGlossary.htm

An economic system in which most of the economy's resources are privately owned and managed.
www.agtrade.org/defs.cfm

An economic system based on a free market, open competition, profit motive and private ownership of the means of production. The market determines the type, quantity, and price of goods. The government is to avoid interfering in the economy. The United States has a capitalistic system. (See COMMUNISM; SOCIALISM)
members.tripod.com/~tutor_me/book/glossary.htm

economic system in which private individuals own and control the production and distribution of goods and wealth in a country.
web.isp.cz/jcrane/Glossary.html

an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
www.opb.org/lmd/coldwar/berlincrisis/glossary/

An economic system in which the means of production are largely in private hands and the main incentive for economic activity is the accumulation of profits. (See 193, 354)
highered.mcgraw-hill.com/sites/0072435569/student_view0/glossary.html

The economic system based on the inviolability of individual private property, profit, wage labor, and the primacy of market exchange.
www.ciaonet.org/book/opello/glossary.html

capitalism is an economic system in which most of the production process is controlled by private firms operating in markets with minimal government control. The investors in these firms (called "capitalists") own the firms.
lms.thomsonelearning.com/hbcp/glossary/glossary.taf

An economic system where people own things. Some people have money; some don't. The idea is that what is needed more at the time is worth more.
home.cwru.edu/~ngb2/Pages/Definitions_deficient.html

a system of production of goods and services for market exchange in order to make a profit. In a capitalist system of production the means of production are owned privately, by the capitalist class (bourgeoisie). The working class (proletariat) sells their labour power to the owners of the means of production. Capitalism thus represents both an economic and a social system based on different social classes.
www.trentu.ca/ids/glossary.html

An economic system characterized by private ownership of businesses and marketplace competition.
glencoe.com/sec/busadmin/marketing/dp/entre/gloss.shtml

An economic system characterized by private ownership of the means of production, from which personal profits can be derived through market competition and without government intervention.
www.sociologyessentials-2nded.nelson.com/glossary.html

Genus: A social system Differentia: Based on individual rights including property rights, meaning that all property is privately owned Link: Article
www.importanceofphilosophy.com/Dictionary.html

An economic concept of civilization that is based on the private ownership (and control) of the means of production. Such an institutional situation permits and inevitably encourages the division of labor, economic calculation, capital accumulation, technological improvement and the voluntary social cooperation of a market economy in which mass production is designed for the consumption of the sovereign masses. Capitalism is the antithesis of statism, socialism and communism which are based on government ownership (or control) of the means of production. AC. 1-33, 48-112; B. 10, 18, 20-39, 67, 93, 105, 118-19; OG. 49-50, 284.
www.mises.org/easier/C.asp

The economic system which permits anyone with money to employ it as he sees fit, on the argument that the greatest collective good is obtained when individuals advance their private interests.
www.offshorewealth.com/glossarya-c.htm

an economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.
www.sasked.gov.sk.ca/curr_content/paasurvey/entre/Content/glos1.htm

An economic system in which investments in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, esp. as contrasted to cooperatively or state-owned means of wealth. [W]
www.sovedchurch.com/definitions.html

An economic system in which markets decide what, when, and for whom to produce.
wps.prenhall.com/ca_ph_ebert_busess_3/0,6518,224378-,00.html

That organization of society, incorporating elements of tax, usury, landlordism, and tariff, which thus denies the Free Market while pretending to exemplify it.
www.blackcrayon.com/library/dictionary/celine/

an economic system based on private ownership of capital
www.cogsci.princeton.edu/cgi-bin/webwn
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