- This article is about capitalists as people. For information about the ancient Greek school of philosophy, see cynic.
A Capitalist is a person that believes in an economic and social system in which the means of production are predominantly privately owned, [1] [2] are operated for profit, [3] and in which investments, distribution, income, production and pricing of goods and services are determined through the operation of a market economy. It is usually considered to involve the right of individuals and corporations to trade, using money, in goods, services (including finance), labor and land.
- ^ Private ownership is sometimes used as a synonym for individual ownership, however the term "private" may also be used to refer to collective ownership by a community of individuals in the form of corporate ownership. Therefore, "privately owned" in the context of this definition means not owned or controlled by the state.
- ^ Screms, John (2004). Understanding Principles of Politics and the State. PageFree Publishing. p. 234.
- ^ Obrinsky, Mark (1983). Profit Theory and Capitalism. University of Pennsylvania Press. p. 1.
- This article is about capitalists as people. For information about the ancient Greek school of philosophy, see cynic.
A Capitalist is a person that believes in an economic and social system in which the means of production are predominantly privately owned, [1] [2] are operated for profit, [3] and in which investments, distribution, income, production and pricing of goods and services are determined through the operation of a market economy. It is usually considered to involve the right of individuals and corporations to trade, using money, in goods, services (including finance), labor and land.
- ^ Private ownership is sometimes used as a synonym for individual ownership, however the term "private" may also be used to refer to collective ownership by a community of individuals in the form of corporate ownership. Therefore, "privately owned" in the context of this definition means not owned or controlled by the state.
- ^ Screms, John (2004). Understanding Principles of Politics and the State. PageFree Publishing. p. 234.
- ^ Obrinsky, Mark (1983). Profit Theory and Capitalism. University of Pennsylvania Press. p. 1.