Capitalism

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Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor. In a capitalist market economy, decision-making and investments are determined by every owner of wealth, property or production ability in capital and financial markets whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.
W Capitalism
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News Items on 'CAPITALISM' (5)
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3.   Pope Francis says capitalism has failed in the COVID pandemic - CNN
Published: 04 Oct 2020   |   641 views · 2 days ago
4.   Pope Francis: Capitalism has failed in the COVID pandemic - CNN
Published: 04 Oct 2020   |   622 views · 2 days ago
5.   Post-Covid-19: Time for a 'Great Reset' of Capitalism - World Economic Forum
Published: 03 Jun 2020   |   1610 views · 4 hrs ago



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