Concept information
Preferred term
capitalism
Definition
- Capitalism has frequently been identified as the central driving force of modernity, sometimes alone, but usually in combination with the state, religious or philosophical ideas, or a combination of them. As a starting point, capitalism can be defined as a system of production and exchange operating on a continual basis in which goods (commodities) are produced to be sold on a market with the aim of maximizing profit. [Source: Encyclopedia of Consumer Culture; Capitalism]
Broader concept
Narrower concepts
- antiglobalization
- clientelism
- coordinated market economy
- fiscal crisis
- Fordism and post-Fordism
- glocalization
- human capital
- human capital mobility
- industrialization
- investment
- liberalization
- liberal market economy
- monopoly
- oil crisis
- physical capital
- privatization
- production chain
- production network
- public investment
- regulation theory
- triadization
- varieties of capitalism thesis
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/capitalism
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