Both Uses of
capitalism
in
Anna Karenina
- All the profits of labor, on which they might improve their position, and gain leisure for themselves, and after that education, all the surplus values are taken from them by the capitalists.†
Part 1 *
- Malthus was a well-known capitalist, who had made his money by speculation in railway shares.†
Part 6
Definition:
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(capitalism) an economic system based on voluntary exchange in a competitive environment with private ownership of property and businesses
(with the belief that voluntary exchanges harness inborn self-interest in millions of decisions that benefit society)editor's notes: Most proponents of capitalism advocate that government intervene to handle problems "pure" capitalism does not handle well such as monopoly, shared costs and benefits (such as pollution or national defense), provision of a safety-net for those who are unlucky, ...