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What Is a Capitalistor

What Is a Capitalistor

What Is a Capitalist

What is a capitalist? The dictionary says, ‘a person who advocates or practices capitalism, especially in theory or principle. ’ But what does it really mean to be a capitalist in the 21st-century? As a Great What is a Capitalist | What Is a Capitalist? The only accurate answer to this What is a capitalist?

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Individual capitalists are typically wealthy people who have a large amount of capital (money or other financial assets) invested in business, and who benefit from the system of capitalism by making increased profits and thereby adding to their wealth. A capitalist nation is dominated by the free market, which is an economic system in which both prices and production are dictated by corporations and private companies in competition with one another, and places a heavy focus on private property, economic growth, freedom of choice, and limited government intervention. Generally, those to the right of the political spectrum tend to be pro-capitalist; those on the left veer toward anti-capitalism. (Source:

www.teenvogue.com)Capitalism and socialism are generally seen as polar opposites, and discussions of either system are often framed as in opposition to the other. The modern idea of socialism has roots in Greek philosopher Plato but emerged as a popular political idea in the early 19th century among German radicals like Karl Marx and Friedrich Engels. There are many forms of socialism, but at its core, socialism is an economic system in which a whole community — not just bosses or private companies — control the means of production equally. It assumes that people are naturally cooperative, instead of competitive. The goal of socialism is an egalitarian society run by democratically elected representatives for the benefit of all in accordance with a set of collectively determined parameters; unlike under capitalism, industry and production is run by the state, and the acquisition of private property is seen as counterproductive. Capitalist critics of socialism believe that the system slows economic growth, rewards worker laziness, and can stifle individual rights and free expression. (Source:

 

 

 

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