Capitalism

What is capitalism?

What is capitalism?

Capitalism is the moral (rational-self-interest), political (individualism), legal (rule of law), economic (free-market) social system based on the principle of individual rights that results in peace, progress, and human flourishing.

What is a capitalist?

What is a capitalist?

Politically, a capitalist is an advocate of laissez-faire capitalism, regardless of how rich or poor they are.

Isn’t capitalism an economic system based on the market?

Isn’t capitalism an economic system based on the market?

The term capitalism is used here in the broader philosophical, political sense (social system), and not in the narrower economic sense (market economy). Capitalism is not just an economic system (the free market) that can be grafted onto any political structure....

What is the philosophy of capitalism?

What is the philosophy of capitalism?

“Corresponding to the four branches of philosophy, the four keystones of capitalism are: metaphysically, the requirements of man’s nature and survival—epistemologically, reason—ethically, individual rights, politically, freedom.” — Ayn Rand