An essay on capitalism describing basic market principles and the nature of government and freedom. Somewhat Randian.
Capitalism is in most aspects a refined form of all economic systems in history. While, many socialists see it as barbaric and competitive, capitalism represents the basic system nearly all countries practice on a national level. The difference between capitalism and socialism is the level on which they choose to practice capitalism. The United States practices capitalism on an individual level more so than say Great Britain and much more so than a true socialist republic.
What do I mean by different levels? Well, it is important to understand the basic concepts of capitalism. First an ent…
- An essay on capitalism describing basic market principles and the nature of government and freedom. Somewhat Randian.
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