Both Uses
capitalism
in
Anna Karenina
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- 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 *capitalists = people who believe in an economic system based on voluntary exchange in a competitive environment with private ownership of property and businesses
- Malthus was a well-known capitalist, who had made his money by speculation in railway shares.†
Part 6capitalist = one who believes in an economic system based on voluntary exchange in a competitive environment with private ownership of property and businesses
Definitions:
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(1)
(capitalism) an economic system based on voluntary exchange in a competitive environment with private ownership of property and businessesProponents of capitalism argue that voluntary exchanges tap into people’s local knowledge and natural self-interest, channeling millions of everyday decisions into broader benefits for society. At the same time, most of them also support a role for government in addressing problems that “pure” capitalism handles poorly—such as monopolies, shared costs and benefits like pollution and national defense, and providing a safety net for those who are hit by bad luck.
- (2) (meaning too rare to warrant focus)