George Reisman, Professor Emeritus of Economics at Pepperdine University, lists 13 "Fundamental Insights Into the Benevolent Nature of Capitalism" that explain how capitalism is good: http://mises.org/article.aspx?Id=1079
yes
Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.
There are five facts about capitalism. The five different facts of capitalism are popularity, better health, promoting social good, bring out the best in everyone and greater freedom.
Capitalism is good everywhere. No one would be leaving their country to come to America if other countries embraced Capitalism. Private enterprise, freedom, competition and individual rights applied rationally would create the conditions for everyone to prosper.
mercantilism was eventually replaced by capitalism
We are going to our state capital today.
Competitive capitalism is where profit is accepted as a good motive for working and businesses often will set up against each other in some ways to do the best they can. It ensures that the user or consumer has good products at a good price.
No the US has a mixed economy with both socialism and capitalism traits. We have a free market like in capitalism however we also have social security and medicare as well as now universal health care which are all socialism traits. Not all capitalism is good and all socialism isnt all that great either. You want a good mix of both.
good or bad
capitalism
Under state capitalism, the government controls the means of production. But this is for the benefit of the ruling class, not for ‘the public good’.
capitalism