Although some form of capitalism is the basis for nearly all economies today, for much of the last century it was but one of two major approaches to economic organization. In the other, socialism, the ...
Meanwhile, barely half of Americans have a favorable view of capitalism. Democrats, in fact, are as likely to view socialism positively as they are capitalism. What accounts for this collective ...
State Socialism, with its wages and salaries, its money system, banks and bureaucracy, is really not Socialism at all, but State Capitalism. A recent leading article in the "Daily Herald" referred to ...
A growing number of people throughout the world, especially younger generations, now believe that socialism is a viable political, economic, and social model. This is particularly true in the United ...
Capitalism: “An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.” -Democracy: “A system of government by the ...