Capitalismis an economic system in which people and companies sell products and services in a free market. In this system, assets belong to private entities rather than the state. The terms‘capitalist system’and‘capitalistic system’mean the same as capitalism. Capital, in its true sense, re...
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SHINAWATRA VENTURE CAPITALISM: You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax e...
While China¹s great material progress is due primarily to the hard work and sacrifice of the Chinese people, one would be hard-pressed to point to any aspect of China¹s development that has no connection to the United States. There was some condescension and self-aggrandizement in ...
资本主义 zīběn zhǔyì capitalism 资本市场 zīběn shìchǎng capital market 资本化 zīběn huà capitalization 资本论 zīběn lùn Das Kapital (1867) by Karl Marx 卡尔·马克思 资本性 zīběn xìng capital asset Words With Same Tail Word 国家 guójiā country; nation; state 大家 dàjiā ever...
Prominent examples of communism were the Soviet Union and China. The Soviet Union collapsed in 1991 but China has drastically revised its economy to include some capitalism. Understanding Communism Communism is an umbrella term that encompasses a range of ideologies. The term's modern usage originated...
What Is Capitalism Capitalism is an economic system based on the private ownership of the means of production (i.e., factories, offices, tools & equipment, etc.) and their operation for profit. Central characteristics of capitalism includeprivate property, capital accumulation, wage labor, voluntary...
The exact difference between communism and socialism has long been debated. Even Karl Marx used the terms interchangeably. Marx viewed socialism as the first step in the transition from capitalism to communism. Today, communism is often identified with socialism. However, while they share several cha...
To further its predatory militaristic goals, totalitarian regimes own and control all aspects of the economy, including capital and all means of production. The personal economic incentives ofcapitalismare thus rendered impossible under totalitarianism. Theoretically unburdened by the independent thought and...