false ! :)
The word 'capitalist' means 'in the form or style of capitalism'. It is, therefore, vacuosly true.
Yes, Belgium's economy is a form of capitalism.
China was previously state capitalist but is now a mix of state and private capitalism.
division of labor
In a capitalist society the market is privatized and individuals and businesses are encouraged to make and spend money and compete against each other. Capitalism can take on many forms, but in its purest form the free market would have no regulation. However, most capitalist societies have some form of government regulation on the market.
No, capitalism is an economic system characterized by private ownership of goods and wealth creation through market competition, rather than a form of government. Governments can adopt capitalist economic systems, but capitalism itself does not dictate the structure of a government.
You name it, and it's probably not socialist. Even those countries that call themselves socialist are mostly capitalist now.
Both supported a state-capitalist Dictatorship by a small number of people. That’s to say, a form of capitalism where the means means of production are owned by the state, but the vast majority of people still have to work for wages.
It is a Communist government that has recently embraced a form of capitalism.
IT CAN BE, BUT IS NOT NECESSARILY SO. Capitalism is exclusively an economic system where private companies drive a country's trade and industry. So, in terms of economics, capitalism leaves the wealthy industrialists and entrepreneurs in control of the economy. However, as concerns governments, capitalism provides no clear answer as to who is in power. Capitalism can occur under nearly any form of government, be it democracy, monarchy, autocracy, military junta, or a theocracy.
capitalism :)
capitalism :)