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Capitalism is an economic system, involving wage labour, production for sale and minority ownership of the means of production. It is compatible with various different systems of government, but all involve defending the interest of the rulings capitalist class.
paulbenn
paulbenn
In a Socialist world there will be no government, as there will be no classes. Governments exist to defend the interests of the ruling class.
Zoie Rolfson
Emery Sporer
Wiki User
∙ 13y agoNo, it is not a form of government. It is a form of economy.
Wiki User
∙ 14y agoyes it is.
Wiki User
∙ 8y agoyes
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What are the different forms of government that can be seen in the world?
democracy, communism, oligarchy, autocracy, capitalism
What form of Capitalism can survive in a Communist country?
No form of capitalism can survive in a Communist country. Capitalism is based on a free market economy and communist is based off of a mentality that everyone is there for everyone.
Why is the transition from communism to capitalism difficult?
In a communist setting all businesses and control rest with the government. In capitalism the control of business is given to the person running the store. Without the proper mindset and experience of the store owner, there would be less awareness of the overhead, and maintenance needed to maintain a successful business that was previously addressed by the government should one transition from communism to capitalism.
Is capitalism democracy or monarchy?
Capitalism is a form of economics in which goods and services are exchanged for money. Democracy is a form of government in which individuals vote on each issue. Monachary is a form of government in which power is invested in a monarch (King or Queen). An interesting aside is that America is neither a democracy nor a capitalist society. America is a Representative Republic in which the people vote on representatives who in turn vote on the issues. We also utilize a system of social capitalism in which some goods or services (such as police protection and free public education) are provided without monetary exchange, while other goods and services are purchased. Since economics and government systems are not the same thing. You are comparing apples to pigs (not even the same catagory).
In which political system does the government control the production of all food and goods?
If the government controls production there will still be classes. Sounds like state capitalism.
Why do some people think capitalism is the best form of government?
Capitalism is not a form of government. Communism is not a form of government. Socialism is not a form of government. All three of those are economic forms, not forms of government.
What is a form of capitalism in which the government does not intervene?
The form of capitalism without any government intervention is called LAISSEZ-FAIRE ECONOMICS.
What form of government is closest to a pure market economy?
capitalism
What system has a socialist economic system and a totalitarian form of government?
Capitalism
What type of government is peoples republic of china?
It is a Communist government that has recently embraced a form of capitalism.
What is the relationship between capitalism and calvinism?
Capitalism and Calvinism are two completely different topics. Capitalism is a form of government, while Calvinism is a type of religion or belief. They really have no major similarities.
In its pure form this system says government should not interfere with business at all?
capitalism
How can capitalism best be described in the US today?
The US has a form of capitalism with modest government interference with a current increasing tendency towards laissez-faire.
What form of government does china country have?
China has a dictatorial government. Its economic system is a mix of state and private capitalism.
What is the form of government in which a single party controls the economy and production?
The form of government in which a single party controls the economy and production is communism.
What do the capitalists believe?
The capitalists beleived that capitalism did not make or destroy people, and that it was the best form of Government.
What is form of Chinese government?
China is a socialist republic, a single-party state.
