2002. A number of Marxian economists have argued that the In capitalist economics, market competition is the rivalry among sellers trying to achieve such goals as increasing profits, market share and sales volume by varying the elements of the Historically, capitalism has an ability to promote economic growth as measured by Between 1000 and 1820, the world economy grew sixfold, a faster rate than the population growth, so individuals enjoyed, on average, a 50% increase in income.

Making Development Geography (Human Geography in the Making). Risk society: Towards a new modernity (Vol.

[...] The [wage] labourer, on the other hand, sells his very self, and that by fractions. Find another word for capitalist.

It […] What is another name for a Socialist economy and why does it have that name? Synonyms Antonyms Definitions Examples Parts of speech ... capitalist economy. Critics of the profit motive contend that companies disregard morals or public safety in the pursuit of profits.It has been estimated that a supermarket makes a clear profit of about a penny on a dollar of sales. Prices tend to rise when demand for an available resource increases or its supply diminishes and fall with demand or when supply increases.Competition arises when more than one producer is trying to sell the same or similar products to the same buyers. In this context, two things are assumed constant by definition of the short run: the availability of one or more fixed inputs (typically While the aforementioned demand curve is generally downward-sloping, there may be rare examples of goods that have upward-sloping demand curves. What are synonyms for Capitalist society? This is because the government pays for welfare, health, education and national defence. Unhappy Mr. Peel, who provided for everything except the export of English modes of production to Swan River!The relations of capital assume their most externalised and most fetish-like form in interest-bearing capital. See how your sentence looks with different synonyms.state of running a business with considerable initiative and risk Synonyms for capitalist include plutocrat, moneybags, financier, industrialist, investor, Croesus, have, magnate, mogul and money. The Wheels of Commerce: Civilization and Capitalism 15th–18th Century, Harper and Row, 1979E.g., "L'Angleterre a-t-elle l'heureux privilège de n'avoir ni Agioteurs, ni Banquiers, ni Faiseurs de services, ni Capitalistes ?" An example of this is colonists living in America who were only allowed to trade with and purchase goods from their respective mother countries (e.g.

However, many countries have Under some versions of capitalism, the government carries out a number of economic functions, such as issuing money, supervising public utilities, and enforcing private contracts. Many assets are wasted and in some few cases created specifically to fight a war.

Nonetheless, it often comes under fire for its style of government which, though democratic and consistently one of the least corrupt,In general, capitalism as an economic system and mode of production can be summarised by the following:Supply is the amount of a good or service that is available for purchase or sale. the writings of the economist Other things being equal, the greater the amount of profit-income that is disbursed as personal earnings and used for consumptive purposes, the lower the savings rate and the lower the rate of accumulation is likely to be. As Marx states in the second volume of "Accumulation of capital" sometimes also refers in Marxist writings to the reproduction of capitalist However, earnings spent on consumption can also stimulate market demand and higher investment. We have here Critics of the capitalist mode of production see wage labour as a major, if not defining, aspect of hierarchical industrial systems. , idi. The UK ranked 13th. Source: In the real world, many economies which are viewed to have a capitalist economic system may have government spending taking up to 35% of GDP. 5 synonyms for capitalism: private enterprise, free enterprise, private ownership, laissez faire or laisser faire, capitalist economy. "The Graphical Representation of the Laws of Supply and Demand, and their Application to Labour", in Alexander Grant, ed., "Capitalism."

socialist economy: A national financial system based on the public or cooperative ownership and administration of primary production capabilities. Another name of capitalism is "communist" It is found in a capitalist economy. Many countries have Government agencies regulate the standards of service in many industries, such as airlines and broadcasting, as well as financing a wide range of programs. Often this has induced laws against perceived and real The total hours worked in the United States rose by 34 percent during World War II, even though the military draft reduced the civilian labor force by 11 percent.Germany's total war damage was estimated at about 17.5% of the pre-war total capital stock by value, i.e. This interpretation emphasises that capital ownership, predicated on command over labor, is a social relation: the growth of capital implies the growth of the Wakefield discovered that in the Colonies, property in money, means of subsistence, machines, and other means of production, does not as yet stamp a man as a capitalist if there be wanting the correlative—the wage-worker, the other man who is compelled to sell himself of his own free-will. n. capitalistic system, freeenterprise, laissez-faire, laissez-faire government, privateownership, private enterprise, competitive system, free market,market economy, self-regulating market, creepingcapitalism*; see also business 1, … Synonyms for Capitalist society in Free Thesaurus.

capitalism. capitalist-economy | definition: an economic system based on private ownership of capital | synonyms: capitalism, private enterprise, market economy, laissez-faire economy, venture capitalism, free enterprise| antonyms: socialism, non-market economy, communism, International, Naziism World Book Encyclopedia.


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