17 Total Votes


Capitalism is an economic system in which trade, industry, and the means of production are largely or entirely privately owned and operated for profit. Central characteristics of capitalism include capital accumulation, competitive markets and wage ... labour. In a capitalist economy, the parties to a transaction typically determine the prices at which assets, goods, and services are exchanged.The degree of competition, role of intervention and regulation, and scope of state ownership varies across different models of capitalism. Economists, political economists, and historians have taken different perspectives in their analysis of capitalism and recognized various forms of it in practice. These include laissez-faire capitalism, welfare capitalism, crony capitalism and state capitalism; each highlighting varying degrees of dependency on markets, public ownership, and inclusion of social policies. The extent to which different markets are free, as well as the rules defining private property, is a matter of politics and policy. Many states have what are termed capitalist mixed economies, referring to a mix between planned and market-driven elements   more
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4 votes


1 vote
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Rule by religious leaders

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senojrenaxela says2015-02-26T06:39:32.6354639-06:00
Democratic Socialism
Stefy says2015-02-26T07:53:17.9361545-06:00
^ i agree.
Stefy says2015-02-26T07:54:05.4216413-06:00
I lean more towards a social democracy though. Really their extremely similar.
Roodvlees says2015-02-27T04:56:06.0320914-06:00
Democracy says nothing about how you organize your economy. Capitalism and Communism only say something about how you organize your economy. You need something of every good thing. Democracy, Capitalism, Communism. That means we should leave religion out of it.
senojrenaxela says2015-02-27T15:08:00.7441497-06:00
^ Yes, but here the 'Democracy' choice was defined as a capitalist democracy.
conor660 says2015-02-27T16:29:56.8627581-06:00
Couldn't you make a communist democracy? Communism is meant to be how to lead the country and democracy is just being able to choose your leaders. Seems like the best of both worlds.
Colinmcgrady says2015-03-07T06:08:28.5358286-06:00
Where's Socialisim?
walle_ras says2015-04-01T10:36:57.1918439-05:00

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