Capitalism hinges on the concept of ownership. We take ownership of problems in the world and use our imagination and resources to solve them. Also, we take ownership of ourselves, recognizing that nobody else is compelled to provide for us. Owning ourselves also means we value our integrity,...
The Libertarian Party (LP) is a political party in the United States that promotes civil liberties, non-interventionism, laissez-faire capitalism, and limiting the size and scope of government. What is a libertarian vs conservative? Those on the right, including American conservatives, tend to fav...
An aphorism is an original thought, spoken or written in a concise form, designed to be memorable. The aphorism is ‘the takeaway point’ of a story, article or speech. Aphorisms should be somewhat surprising: “Oh yeah, that’s true actually. I hadn’t thought of it like that. Ha.”...
What Is a Patent? A patent is the granting of a property right by a sovereign authority to an inventor. This grant provides the inventor exclusive rights to the patented process, design, or invention for a designated period in exchange for a comprehensive disclosure of the invention. They are...
Capitalism is a socio-economic system that allows private owners to profit from the goods and services they provide. One of the cornerstones of this system is the right of the individual to choose what to produce, how to produce it, and what price to sell it for. It is popular in ...
In simple terms, what are communism and capitalism? What was the golden age of capitalism? What is economic and social history? What are some examples of mercantilism in history? What is the history of economic thought? What is the relationship between feudalism and capitalism?
i'm still confused, is capitalism just the government letting go of all economic related holdings, such as regulating trade, prices, and supply of goods? in other words, it is all controlled by the people? and it is your choice to make money or not, meaning if you are unemployed, livin...
What do the terms capitalism, national capitalism, and globalization mean?Economic System:Economic system defines the way of allocating resources in the economy and to distribute various products among the individuals. It is classified into four types that are market, mixed, command, and tradit...
State capitalism is an economic system wherebusinessand commercial activity is controlled by the state through state-owned enterprises. In a state capitalist environment, the government is the principal actor. It takes an active role in the formation, regulation, and subsidization of businesses to div...
Building an investment portfolio may require personalization and finesse, but it can also be ultra-simple.