What is capitalism?

The best definition of capitalism is given by philosopher Ayn Rand: “Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. The recognition of individual rights entails the...

What is a capitalist?

The words capitalism and capitalist are used in two different but related senses: one in a compartmentalized sense within the specialized science of economics (that studies the nature of production in a division of labor society), the second in a wider sense in the...