Capitalism refers to the economic system wherein decisions about production, investment, and exchange are made chiefly by private individuals or corporations, especially as contrasted with collective, public, or state ownership. Attributes central to capitalism are private property, the division of labor, voluntary exchange, a money price-system, and competitive markets.
Questions tagged [capitalism]
39 questions
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What is the function of capitalism?
To my understanding, all systems have a function. For instance, the function of the respiratory system is to supply oxygen to the body. The function of the digestive system is to break down and disseminate nutrients. The function of a mass…
Jonesn11
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Is a small business owner without employees a capitalist?
If a man has a small business where he is the only employee or if he is self employed, that makes him a capitalist?
For example a freelance writer. Or a subsistence farmer that only produces enough to feed himself and his family. Or a subsistence…
Joe Jobs
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Why doesn't capitalism run out of money?
There's this question that doesn't let me sleep at night...
From what I hear, investing surplus money is always considered a good idea because it lets your money "work for you" and earn you more money, even while you do nothing (well, assuming…
Vilx-
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Did/does a decline in crime rates encourage materialistic values?
Robert Shiller writes (2000 Irrational Exuberance, 2015 3rd edition):
A decline in crime rates also, on the flip side, encouraged materialistic
values by making people feel more secure, less worried that they would be
robbed or physically…
user20317
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(Universal) Basic Income as a type of insurance
I was thinking about UBI a lot and I can see that it has many up and down sides. What I would like to know is if there is a concept like UBI, which is not paid by the government through taxes, but rather a voluntarily kind of insurance where you…
Michael Ebenstein
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Help understanding this inclusive capitalism proposal
Robert Ashford has written about his proposal for a better, inclusive capitalism, but I don't understand the method. For example, take a look at this article. All is very obscure. It seems to be about paying workers with shares, but I don't quite…
chatGPT
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Rentier capitalism vs investment capitalism?
A company has backers who put in money seeking a return from either share-price growth through company growth, and yearly rent in the form of dividend payments. Debt is clearly the case where share price growth is 0 and only the yearly rent is paid,…
Ilya Grushevskiy
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Decrease of population can be the answer of capitalism?
According to Thomas Piketty, if I do not misunderstand, the population growth and technology advancements are the keys for the growth of the economy and society in the capitalism society.
However, could the decreasing population be a result of…
mon
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