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Capitalism. Any system in which the means of production are privatley owned and controlled by a few and the fundamental goal is the accumulation of more and more wealth for the sake of further accumulation, is capitalist despite anything else.

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How is capitalism today?

In the United States chiefly. Great Britain and British commonwealth countries (e.g., Australia, Canada, India). Japan. Pretty much the entire industrialized world, except China. References: http://www.americansolvent.com/2009/07/03/competition-vs-monopoly-whats-the-big-confusion/


What are some examples of capitalistic countries?

Answer:Capitalism is an economic system and not a political system. Countries thus do not (typically) enshrine capitalism as a part of their constitutional framework, nor do they typically limit policy choices to capitalism. However, the vast majority of countries (almost all liberal democracies and most authoritarian systems) in the world use capitalism as their dominant economic system, including the United States, Canada and Mexico, all of the 27 countries of the European Union (Ireland, UK, France, Portugal, Spain, Belgium, The Netherlands, Louxembourg, Germany, Italy, Sweden, Finland, Denmark, Malta, Cyprus, Austria, The Czech Republic, Slovakia, Poland, Hungary, Slovenia, Romania, Bulgaria, Latvia, Lithuania, Estonia and Greece), as well as many, many other countries (such as Australia, Japan, India, Egypt, Tunisia, Indonesia, New Zealand, South Africa, Switzerland, Botswana, Brazil, Colombia, Chile, Peru, Russia, Turkey etc. etc.). Even some countries which in-name follow different economic systems (such as China, claiming to have a "communist economy with Chinese characteristics") are capitalist (i.e. have most of the output coming from industries in private property trading and setting prices on a free market by the laws of supply and demand, and have a legal framework geared to protecting and encouraging such a system of production). It is actually easier to count countries that are not capitalist (such as North Korea, Cuba or most of Vietnam), or still have some way to go until ancient economic structures make way for capitalism (such as in Bhutan or in significant parts of Sub-Saharan Africa).World trade overall, and the international economy is capitalist overall (international prices and company values are established in stock and mercantile exchanges such as NYSE or NYMEX with international overseeing from institutions such as the WTO)Answer:The United States of America.BrazilJapanSudanSwedenColombiaNote:It's also worth mentioning that while most countries embrace the fundamentals of capitalism, there is no example of pure capitalism in the world. The economies of the countries listed above are considered "mixed economies" (http://en.wikipedia.org/wiki/Mixed_economy). If an economy is analyzed in the capitalism-socialism spectrum, most countries, including the United States, would appear closer to the middle.


Which is an example of a mixed economic system?

A mixed economy is where there is a mix of capitalism and socialism and/or public and government control. A basic contempory example of a mixed economy is the United States.that 's how the part of the unitedstates are also in a market economy.


Is Spain considered european?

Yes; since Barcelona is a part of Spain, it is a part of the EU.


What is the cause of the Spanish's economy decline and at times Spain was bankrupt?

The decline of Spain's economy can be attributed to several factors, including heavy reliance on agriculture and a lack of industrialization, which made it vulnerable to economic fluctuations. Additionally, excessive government spending, particularly during the Spanish Civil War and its aftermath, contributed to significant national debt. Economic mismanagement, coupled with the loss of colonies in the late 19th century, diminished Spain's global economic standing and led to periods of bankruptcy. These issues, combined with external pressures such as global economic crises, further exacerbated Spain's financial instability.

Related Questions

What has the author Robin L Rosenberg written?

Robin L. Rosenberg has written: 'Spain and Central America' -- subject(s): Foreign relations, History, Representative government and representation, Socialism


Which eastern European nations overthrew communist government in 1989?

There can be no such thing as a Communist government, as Communism does away with governments, classes and money. The societies in eastern Europe were state capitalist.


What has the author Merwin K Hart written?

Merwin K. Hart has written: 'America, look at Spain' -- subject(s): Communism, Lending library, Politics and government


Where has socialism failed?

If "socialism" is defined as public ownership of the means of production, then Norway, Singapore and Dubai would be examples of successful "state socialism" since they have many publicly-owned enterprises in their economies. If "socialism" is defined as co-operative ownership and mutual ownership of enterprise, then the economy of Spain during the Spanish Revolution and various co-operative enterprises operating in capitalist economies would be examples of successful socialism. If "socialism" means production for use, free distribution without the intermediary of money, then the open-source software movement would be an example of successful socialism, though a better description of this would be "communism".


Does Spain have a government?

Yes, Spain has a government, it has a Parliamentary Monarchy.


How is the government Spain?

Spain has a Constitutional Monarchy form of government.


Is Spain capitalist or communist?

Spain was always capitalist, but in the twentieth century, its government alternated between: royalist, democratic, and fascist.


Where is the government headquarters in Spain?

The government headquarters for Spain can be found in Madrid.


What has the author William Ebenstein written?

William Ebenstein has written: 'Communism in theory and practice' -- subject(s): Communism 'Political thought in perspective' -- subject(s): History, Political science 'Great political thinkers: Plato to the present' -- subject(s): Political science 'Today's isms' -- subject(s): Accessible book, Capitalism, Communism, Comparative economics, Comparative government, Fascism, Socialism, Dictatuur, Fascismo, Capitalismo, Politieke bewegingen, Democratie, Socialismo 'Man and the state' -- subject(s): Political science 'Die Rechtsphilosophische Schule der reinen Rechtslehre' -- subject(s): Law, Philosophy, The State 'The pure theory of law' -- subject(s): Law, Philosophy, The State 'Church and state in Franco Spain' -- subject(s): Church and state 'Introduction to political philosophy' -- subject(s): History, Political science 'The law of public housing' -- subject(s): Eminent domain, Housing, Law and legislation 'Fascist Italy' -- subject(s): Fascism, Politics and government


What is the government like in Spain?

The government of Spain is a democratically elected Parliamentary Monarchy.


Government in Spain?

Spain has a Parliamentary Monarchy.


How Franco saved Spain from communism?

Well, Franco was a fascist (similar to a Nazi), so he "saved" Spain from communism by imposing a brutal, repressive, antidemocratic regime where the Spanish had no civil rights. The Spanish would have fared similarly under the communists, so it's a bit of a stretch to say that they were "saved" from communism, really.