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Definitions of Different Capitalism Part 1


1- Concerned with the principles of right and wrong behavior and the goodness or badness of human character. 2 - A person's standards of behavior or beliefs concerning what is and is not acceptable.


1 - An economic system based on the private ownership of the means of production and their operation for profit. Meaning capital accumulation, competitive markets, prices system, private property, property rights recognition, voluntary exchange, and wage labor.


1 - Not conforming to accepted standards of morality.

Immoral/Crony Capitalism:

1 - An economic system in which businesses thrive not as a result of free enterprise, but rather as a return on money amassed through collusion between a business class and the political class.

Moral Capitalism/Economy:

1 - Economic activities are viewed through a moral, not just a material lens.

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