Capitalist is the individual who lives on the basis of private finance capital income. This term can also be related to everything that is related to the capitalism, a socioeconomic system characterized by the production and distribution of goods and services by private properties for profit.
Currently, most of the world's nations are formed by capitalist societies, mainly in the west. Among some of the main features of mode of production of the capitalist system, featured for:
- Existence of private property;
- Accumulation of wealth;
- State does not interfere in the supply, demand, price and distribution of consumer goods and services;
- Existence of free competition and trade;
- Workers receive wages for their work;
- The capitalist (owner of private property) can hire or fire employees, according to your needs, as long as you follow the labor standards in force in the place where the property is locates;
- Existence of economic inequalities (very rich and poor people), especially in developing nations;
O
capitalist system emerged in the mid-fifteenth century, with the decline of Feudalism that prevailed during the Middle Ages, and the emergence of bourgeoisie, marking the beginning of the so-called Modern Age.The capitalist mode of production in this period was known as Mercantilism or commercial capitalism (considered pre-capitalism), and the main means of enriching the bourgeoisie consisted of exploring new lands, trading slaves and precious metals, for example.
O Financial Capitalism it is the current capitalist system in the contemporary world, based mainly on globalization and the monopoly of large companies and banks.
Learn more about Capitalism it's the Financial Capitalism.
Capitalist and Socialist
Unlike capitalist thinking, socialist ideology advocates accumulation and public appropriation of the means of production. Furthermore, socialism still upholds the principle of economic equality.
Socialist thinking is opposed to the capitalist model. The first was developed in the 18th century, having as main creators Robert Owen, Saint-Simon and Charles Fourier (Utopian Socialism) and Karl Marx and Friedrich Engels (Scientific Socialism).
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Capitalism and Socialism
capital in economy
