Talk:Capitalism/Archive 3
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LETTER=C#CAPITALISM]
- "The winner, at least for now, of the battle of economic āismsā. Capitalism is a free-market system built on private ownership, in particular, the idea that owners of CAPITAL have PROPERTY RIGHTS that entitle them to earn a PROFIT as a reward for putting their capital at RISK in some form of economic activity. Opinion (and practice) differs considerably among capitalist countries about what role the state should play in the economy. ==A paragraph that needs some work==
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I've removed one rather confusing paragraph from the introduction, hoping that its original author (or anyone else, for that matter) can clarify its intended meaning and help me re-write it into a less ambiguous version:
- "The term capitalism does not imply any inherent favoritism assigned to capitalists. It is an open question whether capitalists or consumers reap greater benefits from membership in a capitalist system compared to other forms of societal organization. Indeed it is inevitable that all members of society must consume. Arguably, then, it is the distribution pattern of capital among the members of a capitalist society that is the most relevant marker of the success or failure of this model."
-- Mihnea Tudoreanu 17:11, 13 Nov 2004 (UTC)