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Capitalism
(redirected from Kapitalismus)

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Capitalism
An economic system based on a free market, open competition, profit motive and private ownership of the means of production. Capitalism encourages private investment and business, compared to a government-controlled economy. Investors in these private companies (i.e. shareholders) also own the firms and are known as capitalists.

Notes:
In such a system, individuals and firms have the right to own and use wealth to earn income and to sell and purchase labor for wages with little or no government control. The function of regulating the economy is then achieved mainly through the operation of market forces where prices and profit dictate where and how resources are used and allocated. The U.S. is a capitalistic system.



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? Mentioned in ? References in periodicals archive
 
1995) Der nationale Wettbewerbsstaat: Staat, Demokratie und Politik im globalen Kapitalismus (Edition ID-Archiv).
bis zum 16 Jahrhundert: Ein Beitrag zur Geschichte des modernen Kapitalismus (Stuttgart: Cotta, 1991).
Tarlovskaia, Torgovlia Rossii perioda pozdnego feodalizma (Moscow, 1988) especially pp 31-46 a so Josef Kulischer, Die kapitalistische Unternehmer in Russland (inbesonderer die Bauern als Unternehmer) in den Anfangsstadien der Kapitalismus, Archiv fur Sozialwissenschaft und Sozialpolitik 65 (1931): 309-355.
 
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