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Capitalism
(redirected from Pure capitalist)

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Capitalism
The economic system in which the means of production is privately held. In capitalism, the most important means of production is money rather than land (as in feudalism) or labor (as in socialism). That is, the ability to raise and use money for the production of goods and services is more important than owning the land from which goods come, or the ability to work in order to create a good or service. As a result, government policies generally target the regulation (or not) of money and its uses rather than those of property and/or labor. While capitalism is often associated with laissez-faire policies, governments often involve themselves in capitalist countries. The appropriate amount of government intervention in a capitalist system remains hotly debated.


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If Cuba had a pure capitalist system," he said, "you'd see 100 boats out here.
It might be less constipated now, but a run on its stock in the upcoming year might be pure capitalist fantasy.
Pure capitalist logic, after all, hardly explains why businessmen would relegate low-wage, semi-skilled jobs to women and skilled work to men, since people of each sex were variously endowed with different capacities and, arguably, could be exploited to best advantage as individuals rather than as members of a social category.
 
 
 
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