Capitalism

Capitalism is an ideology and economic system representing a broad range of ideologies that fall under the umbrella of "capitalism". Capitalism is defined in many different ways, by socialists it's usually defined as a system where the bourgeoisie exploit the proletariat, by  market anarchists it's usually defined as  corrupt markets and by  Right-Libertarianism it's usually defined as a free enterprise system. Capitalism fundamentally needs 5 institutions to function:


 * 1) Private Property
 * 2) Free Exchange
 * 3) Competition
 * 4) Division of Labor
 * 5) Social Co-operation

Other ingredients necessary for the development of Capitalism are:
 * 1) Contractual freedom.
 * 2) Constitutional (limited) government.
 * 3) Free financial markets and access to capital.
 * 4) Ease of starting and managing a business.
 * 5) A good and efficient law system.

The meaning of capital is also often misunderstood, since it's not only money but everything necessary for the production of consumer goods: Workers, capacitation of the workers, machines, raw materials, the workplace itself, financial capital (The money that finances those capital goods), etc...

Capitalism can fall under any cultural and civic positions, but as an economic system, it's usually regarded as right-wing (although some ideologies that can arguably be considered capitalist can also be considered economically centrist or center-left, such as Social Democracy).

History
The expression "capitalist", which means a proprietor of capital, shows up sooner than the expression "private enterprise" and dates to the mid-seventeenth century. "Private enterprise" is determined from capital, which developed from capitale, a late Latin word based on caput, signifying "head"— which is likewise the cause of "property" and "cows" in the feeling of versatile property (just a lot later to allude just to livestock). Capital emerged in the thirteenth to fourteenth centuries to allude to reserves, load of product, total of cash or cash conveying interest.

By 1283, it was utilized in the feeling of the capital resources of an exchanging firm and was regularly traded with different words—riches, cash, reserves, merchandise, resources, property, etc...

According to the Oxford English Dictionary (OED), the term "capitalism" first appeared in English in 1854 in the novel, "The Newcomes" by William Makepeace Thackeray, where he meant "having ownership of capital". Also according to the OED, Carl Adolph Douai, a German American socialist and abolitionist, used the phrase "private capitalism" in 1863.

[[File:Lfree.png]] Laissez-Faire Capitalism [[File:Ancapf.png]]
Laissez-faire capitalism is a form of capitalism where the government doesn't intervene in the economy whatsoever. A laissez-faire economy is one based on a free market, without any regulation on trade, business or working conditions. Laissez-faire capitalists also reject welfare, and believe in little (or even no) taxation. Laissez-faire capitalism can be justified either by arguing that such a system is the most efficient due to auto-regulation of the market, or that such a system is based on freedom, and therefore is the only ethical system. Laissez-faire capitalism is usually associated with libertarian ideologies such as Libertarianism,  Minarchism,  Austrian Libertarianism and  Anarcho-Capitalism, but it can also be supported by civically neutral, or even authoritarian ideologies, such as  Pinochetism, for example.

[[File:Regulationism.png]] Regulated Capitalism [[File:Keynes.png]]
Regulated capitalism is a system where the government intervenes in the economy in order to maximize efficiency, and/or to protect workers and consumers. All existing capitalist societies follow this form of capitalism, even the ones with most economic freedom. Economic regulations can range from regulations to protect workers (such as workplace safety laws, minimum wage laws, laws that protect unions, etc...) to environmental regulations that penalize businesses that harm the environment, to government intervention to help the economy during times of crisis. Some ideologies support minimal regulation, such as Ordo-Liberalism, while some support quite a lot of regulation, such as  Social Democracy. The Keynesian school of economics is a popular economic school that promotes regulated capitalism.

[[File:Soclib.png]] Welfare Capitalism [[File:Socdem.png]]
Welfare Capitalism is a form of Capitalism that promotes the existence of a welfare state, that is, the promotion of the creation of various government owned/ran enterprises that provide different services, such as public education, public healthcare, public housing, etc... This form of capitalism is also present in smaller or bigger proportions, on most modern societies. This system doesn't focus as much on regulation as a way to help the poorer citizens, but the providance of certain universally-needed services, so some modern societies that have large welfare systems, such as Denmark, dispose of certain regulations such as minimum wage or layoff payment.

[[File:Statecap.png]] State Capitalism [[File:Planned.png]]
State Capitalism is an economic system that focuses on the role of government on (for-profit) economic activity. It promotes the existence of various state-owned and state-ran enterprises, but in a different way than Welfare Capitalism. While Welfare Capitalism believes the state's role on the economy is to provide essential services, without much interference on the other sectors of the economy, State Capitalism believes the state should take a fundamental role on commercial activities, both owning a big portion of the economy and highly regulating the private portion of it; although, there is some overlapping between some societies that have in place a Welfarist Capitalist system and ones that have a State Capitalist system, such as Norway, for example. It counts with two primary wings. One that wants an economy where public and private enterprises co-exist, while the other wants a society where private enterprise is banned and the state has a monopoly on production.

Personality and Behaviour
Capitalism is obsessed with money and is portrayed as wealthy and owning several businesses. He is extremely anti-taxation (unless that tax is used to help bail out his company), anti-public property, and pro-private ownership of capital. Capitalism is often portrayed with the personality and mannerisms of the character Mr. Krabs from Spongebob Squarepants.

How to Draw
Cap_flag.svg
 * 1) Draw a ball with eyes,
 * 2) Color the ball yellow,
 * 3) Add a green dollar sign on its front,
 * 4) Give the ball a black top hat and a golden monocle.

Business partners

 * [[File:Libertarian.png]] Libertarianism - Helps me on the weed plantations.
 * [[File:Authcap.png]] Authoritarian Capitalism - My authoritarian child.
 * [[File:Pinkcap.png]] Pink Capitalism - We gotta meet the woke customer demand.
 * [[File:Paleolib.png]] Paleolibertarianism - Conservative but more like me.
 * [[File:Hoppef.png]] Hoppeanism - Helps me with racist customers.
 * [[File:Ecocap.png]] Eco-Capitalism - What?! I'm not an anti-enviromentalist! Of course I care about my property the nature!
 * [[File:Ancapf.png]] Anarcho-Capitalism - He thinks he is real capitalism, but I can work anywhere.
 * [[File:Clib.png]] Classical Liberalism - My other parent who shares my love for free trade. I remember when you cradled me in your arms.
 * [[File:Conserv.png]] Conservatism - You worked with me for so long... Ok, I will give you a discount. Sorry if I have to cancel stuff to protect my profits.
 * [[File:Statecap.png]] State Capitalism - I always feel bad having deals with him, but pecunia non olet.
 * [[File:Monkeyzz-Enlightenment.png]] Enlightenment - You made me possible.
 * [[File:Fiscon.png]] Fiscal Conservatism - My favorite customer, always paying in time.
 * [[File:Civnat.png]] Civic Nationalism - Increases my client base ensuring higher profit margins.
 * [[File:Moncap.png]] Monarcho-Capitalism - He has an eye for luxury.
 * [[File:Pinochet.png]] Pinochetism - Main helicopters importer and crusher of commie dreams.
 * [[File:Necon.png]] Neoconservatism & [[File:Neobert.png]] Neo-Libertarianism - Make war, buy guns.
 * [[File:Obj.png]] Objectivism - Oh baby, nobody else loves me like you!
 * [[File:Merit.png]] Meritocracy - I aspire to be like you.
 * [[File:Neoliberal-icon.png]] Neoliberalism - Most successful form of me and controller of the Overton Window.
 * [[File:Plutocrat.png]] Plutocracy - "The direct goal of capitalism is plutocracy." - [[File:Orthlen.png]]Vladimir Lenin from another universe.
 * [[File:Corp.png]] Corporatocracy - Me in practice.

Mixed

 * [[File:Klep.png]] Kleptocracy - I can’t believe someone greedier than me exists but hey beggars can’t be choosers.
 * [[File:Corptism.png]] Corporatism - I don't like him but, you know, money is money... Also could you like not to say that the banks are controlled by the Jews or something.
 * [[File:Agorismf.png]] Agorism - Helps me to infiltrate red countries. Doesn't like me for some reason.
 * [[File:Monarch.png]] Monarchism - I don't like him either with this Monarchy thing, but he is rich.
 * [[File:Merc.png]] Mercantilism - You're my predecessor, but I wish you were more pro-free trade, though.
 * [[File:Capcom.png]] Capitalist Communism - 50% of the time you're right. The other 50% of the time you’re wrong.
 * [[File:Dengf.png]] Dengism - [[File:Capcom.png]] Capitalist Communism in practice.
 * [[File:Soccap.png]] Social Capitalism - Another son of mine but... why do you support this welfare shit thing? oh lord. Please remove the "social" part of your name, but good job in [[File:Cball-Germany.png]] Germany.
 * [[File:Athdem.png]] Athenian Democracy - Why does one of the only non-capitalists who realizes that I don't support slavery have to mean that in a negative way!? Also slavery is wrong both morally and economically. Ignore the fact that I support sweatshops and wage slavery.
 * [[File:Patcon.png]] Paternalistic Conservatism - He is somewhat capitalistic but he supports this "social welfare" shit. Sorry bro, companies have the freedom to do as they please without taxes being thrusted against their throats to pay for the services of others.
 * [[File:Nazcap-Hat.png]] National Capitalism - Good economics, but racism is bad for business.
 * [[File:Socdem.png]] Social Democracy - He is somewhat capitalistic but he supports this "labor rights" shit. Then again, he might've saved my life in the Interwar period. I also liked how you crushed those commies in Germany.
 * Regulationism.png Regulationism - My little friend who thinks markets need  regulations  ... what?
 * [[File:Fash.png]] Fascism - Thinks I'm a degenerate or whatever, but did a damn good job at crushing those commies (even though he was created by a former commie, so it's best to be wary).
 * [[File:Nazi.png]] National Socialism - Again, goes off about how I'm a degenerate or whatever, but certainly not a bad business partner by any means... One big negative factor in my own opinion of you is that your defeat in World War 2 made Eastern Europe a communist heartland for several decades.
 * [[File:Technocracy.png]] Technocracy - If you really detest me that much, why haven't I seen you reject my investment? Oh right, you need that, maybe you should remember that too.
 * [[File:Guevara.png]] Guevarism - He wants to kill me, but I do get rich off of selling his face on posters and t-shirts...

Competitors

 * [[File:Soc.png]] Socialism - STOP THE GODDAMN STRIKES!
 * [[File:Ancom.png]] Anarcho-Communism - Yeah, nice try.
 * [[File:Synd.png]] Syndicalism & [[File:AnSynd.png]] Anarcho-Syndicalism - STOP IT WITH THE DAMNED UNIONS!
 * [[File:ML.png]] Marxism–Leninism - You're nothing but a failure. Yet for some reason you’re popular with college kids.
 * [[File:Nazbol.png]] National Bolshevism - Racist commie.
 * [[File:Reactsoc.png]] Reactionary Socialism - REALLY racist commie... who wants to restore feudalism for some reason.
 * [[File:Feud.png]] Feudalism - The only right-winger I completely hate. You had your day, now it's our turn. And quit rebranding yourselves as [[File:Reactsoc.png]] commies!
 * [[File:Antifa.png]] Anti-Fascism - I'm not based off human greed. (Maybe I need to change my marketing and your more liberal followers will be ok with me.)
 * [[File:Sorelia.png]] National Syndicalism - You're just corporatism but farther left.
 * [[File:Anprim.png]] Anarcho-Primitivism - He wants to destroy me in favor of a hunter-gatherer society... what the fuck?
 * [[File:Orthlen.png]] Leninism - I sold him a rope and now he's trying to hang me with it...
 * [[File:Anpostleft.png]] Post-Left Anarchism - What do you mean you're against work? How else will my workers make me money?
 * [[File:Ego.png]] Egoism - He doesn't respect property rights... At least he's not a commie.
 * [[File:Egocom.png]] Ego-Communism - Oh come on!
 * [[File:Posadist.png]] Posadism - Psycho who wants to nuke me out of existence.
 * [[File:Biopos.png]] Bio-Posadism - We will not shut down the economy because of you!
 * [[File:Afrsoc.png]] African Socialism - Commie who doesn't understand that capitalism is good for Africa.
 * [[File:Strasser.png]] Strasserism - I was willing to work with [[File:Nazi.png]] him, but this is too much.
 * [[File:Ormarxf.png]] Marxism - You're just a lazy college student who's never lived in a real communist country. Also, what is dielectical materialism other than a religion made into a political ideology?

Wikipedia

 * Capitalism
 * Laissez-Faire
 * Privitization
 * Capitalist Mode of Production
 * Division of Labour
 * Free Trade
 * Free Market
 * Economic Liberalism
 * Entrepreneurship
 * State Capitalism
 * Welfare Capitalism
 * Private Property
 * Wage Labour
 * Profit Motive
 * Voluntary Exchange
 * Bourgeoisie
 * Adam Smith

Literature

 * The Wealth of Nations by Adam Smith
 * Capitalism and Freedom by Milton Friedman
 * Bright Promises, Dismal Performance: An Economist's Protest by Milton Friedman
 * Milton Friedman: A Biography by Lanny Ebenstein
 * The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else by Hernando de Soto
 * Basic Economics by Thomas Sowell
 * End The Fed by Ron Paul
 * Pillars of Prosperity: Free Markets, Honest Money, Private Property by Ron Paul
 * Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout Will Make Things Worse by Thomas E. Woods
 * Whatever Happened to Justice? by Richard J. Maybury
 * The Money Mystery: The Hidden Force Affecting Your Career, Business, and Investments by Richard J. Maybury
 * The World Is Flat: A Brief History of the Twenty-first Century by Thomas L. Friedman
 * The Anti-Capitalistic Mentality by Ludwig von Mises
 * The Law by Frederic Bastiat
 * Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics by Henry Hazlitt
 * The Irrepressible Rothbard by Murray N. Rothbard
 * Eat the Rich: A Treatise on Economics by P.J. O'Rourke
 * Capitalism: The Unknown Ideal by Ayn Rand
 * The Road to Serfdom by F.A. Hayek
 * Individualism and Economic Order by F.A. Hayek
 * The Fatal Conceit by F.A. Hayek

People

 * [[File:Cball-England.png]] John Locke [[File:Clib.png]]
 * [[File:Cball-England.png]] Thomas Hobbes [[File:Abmon.png]]
 * [[File:Cball-Scotland.png]] David Hume [[File: Conlib.png]]
 * [[File:Cball-Scotland.png]] Adam Smith [[File:Clib.png]]
 * [[File:Cball-Scotland.png]] James Watt [[File:Esosoc.png]]
 * [[File:Cball-Germany.png]] Immanuel Kant [[File:Civlibert.png]]
 * [[File:Cball-Ireland.png]] Edmund Burke [[File:Conlib.png]]
 * [[File:Cball-Netherlands.png]] Hugo Grotius [[File:Clib.png]]
 * [[File:Cball-Netherlands.png]] Baruch Spinoza [[File:Clib.png]]
 * [[File:Cball-Italy.png]] Niccolò Machiavelli [[File:Clib.png]]
 * [[File:Cball-France.png]] Baron de Montesquieu [[File:Clib.png]]
 * [[File:Cball-France.png]] Anne Robert Jacques Turgot [[File:Physiocracypix.png]]
 * [[File:Cball-France.png]] Voltaire [[File:Clib.png]]
 * [[File:Cball-France.png]] Bertrand de Jouvenel [[File: Conlib.png]]
 * [[File:Cball-US.png]] George Washington [[File:Clib.png]]
 * [[File:Cball-US.png]] James Maddison [[File:Jeffersondem2.png]]
 * [[File:Cball-US.png]] Benjamin Franklin [[File:Clib.png]]
 * [[File:Cball-US.png]] Thomas Paine [[File:Foxite.png]]
 * [[File:Cball-US.png]] Thomas Jefferson [[File:Jeffersondem2.png]]
 * [[File:Cball-England.png]] John Milton [[File:ProtTheo.png]]
 * [[File:Cball-England.png]] Sir Isaac Newton [[File:Clib.png]]
 * [[File:Cball-England.png]] Alfred Marshall [[File:Clib.png]]
 * [[File:Cball-England.png]] Sir Francis Bacon [[File:Clib.png]]
 * [[File:Cball-England.png]] Sir Edward Coke [[File:Clib.png]]
 * [[File:Cball-England.png]] Jeremy Bentham [[File:Utility.png]]
 * [[File:Cball-US.png]] John Rawls [[File:Soclib.png]]
 * [[File:Cball-Russia.png]] Grigory Yavlinsky [[File:Soclib.png]]
 * [[File:Cball-Germany.png]] Alfred Müller-Armack [[File:Orlib.png]]
 * [[File:Cball-Germany.png]] Ludwig Erhard [[File:Soccap.png]]
 * [[File:Cball-Germany.png]] Konrad Adenauer [[File:Cdem.png]]
 * [[File:Cball-Germany.png]] Alexander Rüstow [[File:Orlib.png]]
 * [[File:Cball-Germany.png]] Walter Eucken [[File:Soccap.png]]
 * [[File:Cball-Germany.png]] Franz Böhm [[File:Cdem.png]]
 * [[File:Cball-Germany.png]] Max Weber [[File: Clib.png]]
 * [[File:Cball-UK.png]] Keith Joseph [[File:Soccap.png]]
 * [[File:Cball-Germany.png]] Friedrich Ebert [[File:Socdem.png]]
 * [[File:Cball-Germany.png]] Otto von Bismarck [[File:Bism.png]]
 * [[File:Ottoman.png]] Mustafa Kemal Atatürk [[File:Kemal.png]]
 * [[File:Cball-US.png]] Henry George [[File:Georgist.png]]
 * [[File:Cball-France.png]] Walras Léon Walras [[File:Clib.png]]
 * [[File:Cball-France.png]] Thomas Piketty [[File:Keynes.png]]
 * [[File:Cball-England.png]] John Maynard Keynes [[File:Keynes.png]]
 * [[File:Cball-US.png]] Robert Reich [[File:Keynes.png]]
 * [[File:Cball-US.png]] Paul Krugman [[File:NuKeynesPix.png]]
 * [[File:Cball-US.png]] Milton Friedman [[File:Chilib.png]]
 * [[File:Cball-US.png]] Thomas Sowell [[File:Chilib.png]]
 * [[File:Cball-US.png]] Ron Paul [[File:Conbertf.png]]
 * [[File:Cball-Italy.png]] Thomas Aquinas [[File:Xbert.png]]
 * [[File:Cball-Austria.png]] Ludwig von Mises [[File:Austrobert.png]]
 * [[File:Cball-Austria.png]] Carl Menger [[File:Austrobert.png]]
 * [[File:Cball-Austria.png]] Eugen Ritter von Böhm-Bawerk [[File:Austrobert.png]]
 * [[File:Cball-Austria.png]] Friedrich von Wieser [[File:Austrobert.png]]
 * [[File:Cball-Austria.png]] Friedrich Hayek [[File:Hayek.png]]
 * [[File:Cball-Italy.png]] Vilfredo Pareto [[File:Clib.png]]
 * [[File:Cball-US.png]] Robert P. Murphy [[File:Austrobert.png]]
 * [[File:Cball-Russia.png]] Ayn Rand [[File: Obj.png]]
 * [[File:Cball-US.png]] Robert Nozick [[File:Minarchist.png]]
 * [[File:Cball-France.png]] Frédéric Bastiat [[File:Minarchist.png]]
 * [[File:Cball-US.png]] Murray Rothbard [[File:Ancapf.png]]
 * [[File:Cball-US.png]] David D. Friedman [[File:Ancapf.png]]
 * [[File:Cball-Germany.png]] Hans-Hermann Hoppe [[File:Hoppef.png]]
 * [[File:Cball-US.png]] Ronald Reagan [[File:Reagan.png]]
 * [[File:Cball-US.png]] Al Gore [[File: Glib.png]]
 * [[File:Cball-US.png]] Barack Obama [[File:Obamium.png]]
 * [[File:Cball-US.png]] Joe Biden [[File:Bidenism.png]]
 * [[File:Cball-UK.png]] Benjamin Disraeli [[File:Onenatcon.png]]
 * [[File:Cball-UK.png]] Margaret Thatcher [[File:Thatcher.png]]
 * [[File:Cball-UK.png]] Tony Blair [[File:New Labourism.png]]
 * [[File:Cball-UK.png]] Boris Johnson [[File:BoJo.png]]

Videos

 * Capitalism and Socialism: Crash Course World History by CrashCourse
 * "Capitalism" is Magic! by The Distributist

Gallery
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Comments
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