Capaitalism:this is about the subject capatalism, it talks about the history of it, explains it,and is easy to under stand.

Essay by cheatmaster20000College, UndergraduateA+, March 2004

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Capitalism is a social system based on individual

rights. The term capitalism is used here in the broader

philosophical political sense, and not in the narrower

economic sense, it is a free market, that means that

you can sell what ever you want. That means drugs,

Anything. In my opinion this is a little dangerous but

that what risk taking all about. The US runs short of

free enterprise, but we have rule and regulations on

what we can do. For example you can't sell drugs to a

kid, you can't sell bombs and weapons, and much


The basic meaning of capitalism is the

productive labor the human work necessary to produce

goods and distribute them takes the form of wage

labor. That is, humans work for wages rather than for

product. One of the aspects of wage labor is that the

laborer tends not to be invested in the product.


also becomes efficient," that is, it becomes defined by

its "productivity"; capitalism increases individual

productivity through the division of labor," which

divides productive labor into its smallest components.

The result of the division of labor is to lower the value

(in terms of skill and wages) of the individual worker;

this would create immense social problems in Europe

and America in the nineteenth and twentieth centuries.

Some people support capitalism. Here is a quote

"The moral justification of capitalism does not lie

in the ltruist claim that it represents the best way

to achieve 'the common good.' It is true that

capitalism does--if that catch-phrase has any

meaning--but this is merely a secondary

consequence. The moral justification for

capitalism lies in the fact that it is the only

system consonant with man's rational nature, that

it protects man's survival qua man, and that its

ruling principle...