Capitalism

Autor:

Capitalism is an economic system in which wealth, and
the
means of producing wealth, are privately owned and
controlled rather than state owned and controlled.
Through
capitalism, the land, labor, and capital are owned,
operated, and... Viac o knihe

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O knihe

Capitalism is an economic system in which wealth, and
the
means of producing wealth, are privately owned and
controlled rather than state owned and controlled.
Through
capitalism, the land, labor, and capital are owned,
operated, and traded by private individuals either
singly
or jointly, and investments, distribution, income,
production, pricing and supply of goods, commodities and
services are determined by voluntary private decision
in a
market economy. A distinguishing feature of
capitalism is
that each person owns his or her own labor and
therefore is
allowed to sell the use of it to employers. In
a "capitalist state", private rights and property
relations
are protected by the rule of law of a limited regulatory
framework. In the modern capitalist state, legislative
action is confined to defining and enforcing the basic
rules of the market, though the state may provide some
public goods and infrastructure.

  • Vydavateľstvo: Alphascript Publishing
  • Formát: Paperback
  • Jazyk:
  • ISBN: 9786130008192

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