capitalism :

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capitalism

ka pi tuh li zuhm

  • n  an economic system based on private ownership of capital

  • Capitalism began when wealthy families had excess money to invest, and entrusted their money to managers of wealth.
  • It is often said that the fall of the Berlin Wall did not necessarily make way for the rise of capitalism.
  • There are those who are saying that the current downturn will spell the death of capitalism.
News & Articles

  • On sacred ground in a Russian town
    A sea of humanity surged forward at the train station in Moscow, pushing me away from the ticket window. I was losing ground, fighting a crowd of people who'd survived both the slog of Soviet bureaucracy and the quicksand of anarchic capitalism. A wily octogenarian attempted to squeeze under my arm, and I blocked him with my backpack while shoving a random assortment of foreign bills at the ...
    June 12, 2013 - The Oakland Press
  • Is Gen Y Loyal to Employers?
    Nanny corporatism or Darwin capitalism – which does Generation Y prefer?
    June 11, 2013 - TheStreet.com via Yahoo! Finance
  • A Case for Exploring Alternative Capitalism Models
    While not a love story, capitalism is certainly epic. Here's a look at what other forms have emerged in recent years.
    June 9, 2013 - Entrpreneur
Quotes

  • Nicolas Sarkozy in International Herald Tribune
    This is no longer acceptable,Sarkozy said. "This is no longer possible. ...... This sort of capitalism is a betrayal of the sort of capitalism we believe in."
  • Barack Obama in The Gazette (Montreal)
    Limbaugh has been a leading critic of Obama, saying earlier this year he wanted the president to fail "if his mission is to restructure and reform this country so that capitalism and individual liberty are not its foundation."

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