Capitalist

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Capitalist

A person who believes in or is involved with an economic system in which the means of production are privately held. In capitalism, the most important of the 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 in capitalist countries often involve themselves. The appropriate amount of government intervention in a capitalist system remains hotly debated.
References in periodicals archive ?
Capitalistically produced commodities have dramatically altered the sphere of consumption.
These reinforce the reliance upon, and profitability of, capitalistically produced consumer goods and services.
Assuming, as I do, that customers are implicitly bound by Title VII's prohibitions against simple discrimination, how do we account for customers' claims that they are being impersonally capitalistically rational in accounting for traits whose relevance the state dismisses?
"I think government right now is trying to figure out capitalistically, how to do it for less, and I think they're finding that you can't," Blackshear said.
Berghahn sees real progress in the standard of living and the modes of life in European societies where government intervention controlled the "vagaries of capitalistically organized markets" (p.
Nevertheless, the tendency in question is far from reassuring, even for the capitalistically most advanced countries.
Similarly India--another country with an immense population--is only partially under the successful management of the capitalistically regulated socioeconomic metabolism, leaving the overwhelming majority of the population in a very different predicament so far.(3) Even in the former Soviet Union it would be quite inaccurate to talk about the successful restoration of capitalism everywhere, despite the complete dedication of the ruling political bodies to that task for no less than the last twelve years.
Herbert Marcuse, among a very few major theorists, sought to apply psychological concepts to the increasingly obvious problems of liberation in class societies which survived the Second World War intact and capitalistically thriving.
The fact that post-capitalist societies emerged in capitalistically far less developed parts of the world presented socialist theory with some major problems to face up to.
Futhermore, the position of a medieval city or town in the "worldwide" capitalist system is determined by two related conditions: (1) the extent to which it removed itself from being subordinated to a feudalistic order, meaning that without this condition the city could not develop capitalistically; and (2) the extent to which a city or town was not subjected to the external commercial domination of another area in the system.