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In Economics is the social science studying production and consumption through measurable variables. It involves analysing the production, distribution, trade and consumption of goods and services. Economics is said to be positive when it attempts to explain the consequences of different choices given a set of assumptions and normative when it... economics, a capitalist is someone who owns Capital has a number of related meanings in economics, finance and accounting. In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business. Initially, it is assumed here that other styles of capital, e.g. physical capital, can be acquired with money... capital, presumably within the economic system of Capitalism has been defined in various ways (see definitions of capitalism). In common usage it refers to an economic system in which land and capital are privately owned and operated for profit and where investments, production, distribution, income, and prices are determined largely through the operation of a free market... capitalism.


Not all usages of the word assume actual ownership of capital. Some philosophers and political theorists, such as This article needs copyediting (checking for proper English spelling, grammar, usage, etc.) If you can fix it, please remove this notice after doing so. For help, see Wikipedia:How to copy-edit. Publicity photo of Ayn Rand. Ayn Rand ( February 2, 1905 – March 6, 1982; first name pronounced ( IPA... Ayn Rand and For the childrens entertainer David Friedman whose family was involved with allegations of child abuse, see Capturing the Friedmans. For the exploitation filmmaker, see David F. Friedman. Categories: Writer stubs | 1945 births | Economists | Political writers | Libertarians ... David Friedman, use "capitalist" to mean "an advocate of Capitalism has been defined in various ways (see definitions of capitalism). In common usage it refers to an economic system in which land and capital are privately owned and operated for profit and where investments, production, distribution, income, and prices are determined largely through the operation of a free market... capitalism." Historically, some governments (such as the The Union of Soviet Socialist Republics (USSR) .( Russian: Сою́з Сове́тских Социалисти́ческих Респу́блик... Soviet Union) used "capitalists" as a pejorative blanket term to refer to the governments of the The Western Hemisphere contains The Americas and nearby islands. The terminology is meant to serve as an analogy with the natural geographic division of the world into a Northern and Southern Hemisphere. However, it is more a geopolitical rather than a geographical term, and refers mostly to the governments and... Western Hemisphere and their supporters.


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Capitalism - Wikipedia, the free encyclopedia (9258 words)
The commodities produced by the workers become the property of the capitalist ("capitalist" in this context refers to a person who has capital, rather than a person who favors capitalism), and are sold by the workers on behalf of the capitalist or by the capitalist himself.
The ability of capitalist economies to sustainably increase and improve their stock of capital was central to the argument which Adam Smith advanced for a free market setting production, price and resource allocation.
Capitalist systems have often functioned under unelected governments: the classic case is the United Kingdom, where less than 20% of adult males could vote prior to 1885, and women did not receive the vote until 1918.
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