Capitalism

In common usage capitalism refers to an economic system in which all or most of the means of production are privately owned and operated, and where investment and the production, distribution and prices of commodities (goods and services) are determined privately in a free market, rather than by the state. Those in control of the means of production generally run them for monetary profit. For examples of how capitalism has been defined by various sources, see .

History of capitalism

Main article: History of capitalism

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• Emergence of early capitalism
• Capitalism in the nineteenth century
• Capitalism in the twentieth century
• Capitalism in the twenty-first century