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What Defines Capitalism? What Is Wrong with It and How to Fix It?

  • Shann Turnbull
Part of the Humanism in Business Series book series (HUBUS)

Abstract

Many people consider that capitalism is defined by the existence of markets. But markets exist in primitive, feudal, fascist, and socialist societies. Capitalism is better described and identified by the existence of private negotiable property rights. Such rights are not widely available in the type of market economies referred to above.

Keywords

Cell Phone Debit Card Surplus Profit Windfall Gain Ecological Capitalism 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Shann Turnbull 2014

Authors and Affiliations

  • Shann Turnbull

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