Capitalism - Revision history

ArchiveBot: Rewrite from the Austrian literature: replace dictionary definitions with sourced treatment, add archive citations

2026-08-16T04:36:30Z

Rewrite from the Austrian literature: replace dictionary definitions with sourced treatment, add archive citations

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-'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [https://freecapitalists.org/books/human-action/read/chapter-xxi-work-and-wages/ XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>
+'''Capitalism''' is the system of social cooperation under the [[division of labor]] in which the material means of production are privately owned, and in which [[production]] is directed by [[entrepreneur]]s who acquire those factors on the [[market]] and are rewarded or ruined by the judgment of [[consumer]]s. Austrian economists generally prefer the terms ''[[free market]]'' or ''market economy'', treating "capitalism" as a name given to the system by its critics rather than one chosen by its defenders.
 ==References==
 {{reflist}}
-==Also See==
+==Links==
 * {{wplink}}
 [[Category:Concepts]]

ArchiveBot: Repoint 1 dead mises.org link to the archived original (automated; see Austrian Economics Wiki:Link repointing)

2026-08-16T04:21:41Z

Repoint 1 dead mises.org link to the archived original (automated; see Austrian Economics Wiki:Link repointing)

← Older revision		Revision as of 04:21, 16 August 2026
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	'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [https://~~mises.~~freecapitalists.org/~~humanaction~~/~~chap21sec2.asp~~ XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>		'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [https://freecapitalists.org/books/human-action/read/chapter-xxi-work-and-wages/ XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>

	==References==		==References==

ArchiveBot: Repoint 1 dead mises.org link to the archived original (automated; see Austrian Economics Wiki:Link repointing)

2026-08-16T04:08:17Z

Repoint 1 dead mises.org link to the archived original (automated; see Austrian Economics Wiki:Link repointing)

← Older revision		Revision as of 04:08, 16 August 2026
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	'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [~~http~~://mises.org/humanaction/chap21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>		'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [https://mises.freecapitalists.org/humanaction/chap21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>

	==References==		==References==

Pestergaines: Reverted edits by Czechopolakia (talk) to last revision by Pestergaines

2013-06-12T05:23:06Z

Reverted edits by Czechopolakia (talk) to last revision by Pestergaines

← Older revision		Revision as of 05:23, 12 June 2013
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	~~Doesn~~'~~t work~~ and ~~neither do~~ the ~~capitalists~~.		'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>

			==References==
			{{reflist}}

			==Also See==
			* {{wplink}}

			{{Stub}}
			[[Category:Concepts]]

Czechopolakia: Separate an individual from society, and give him an island or a continent to possess, and he cannot acquire personal property. He cannot be rich. So inseparably are the means connected with the end, in all cases, that where the former do not exist the la

2013-06-12T01:46:24Z

Separate an individual from society, and give him an island or a continent to possess, and he cannot acquire personal property. He cannot be rich. So inseparably are the means connected with the end, in all cases, that where the former do not exist the la

← Older revision		Revision as of 01:46, 12 June 2013
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	'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.~~</ref>~~		Doesn't work and neither do the capitalists.

	~~==References==~~
	~~{{reflist}}~~

	~~==Also See==~~
	* {{wplink}}

	~~{{Stub}}~~
	~~[[Category:Concepts]]~~

Pestergaines: +links

2011-11-20T11:15:54Z

+links

← Older revision		Revision as of 11:15, 20 November 2011
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	'''Capitalism''' is an economic system characterized by private or corporate ownership of capital ~~goods~~, by ~~investments~~ that are determined by private decision, and by ~~prices~~, production, and the distribution of goods that are determined mainly by competition in a free market.<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>		'''Capitalism''' is an economic system characterized by private or corporate ownership of [[capital good]]s, by [[investment]]s that are determined by private decision, and by [[price]]s, [[production]], and the distribution of goods that are determined mainly by [[competition]] in a [[free market]].<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>

	==References==		==References==

Huckelberry at 02:08, 27 April 2011

2011-04-27T02:08:12Z

← Older revision		Revision as of 02:08, 27 April 2011
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	'''Capitalism''' is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/~~chapter21sec2~~.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>		'''Capitalism''' is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>

	==References==		==References==
	{{reflist}}		{{reflist}}

Huckelberry at 02:07, 27 April 2011

2011-04-27T02:07:38Z

← Older revision		Revision as of 02:07, 27 April 2011
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	'''Capitalism''' is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/~~introsec3~~.asp Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>		'''Capitalism''' is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/chapter21sec2.asp XXI. Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>
	==References==		==References==
	{{reflist}}		{{reflist}}

Huckelberry at 19:20, 25 April 2011

2011-04-25T19:20:22Z

← Older revision		Revision as of 19:20, 25 April 2011
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	'''Capitalism''' is ~~the~~ economic system in ~~which~~ the [[~~Capital\|means~~ of ~~production~~]] ~~are privately owned~~.{{~~Fact~~}}		'''Capitalism''' is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.<ref>"Capitalism." Dictionary and Thesaurus - Merriam-Webster Online. http://www.merriam-webster.com/dictionary/capitalism (accessed April 25, 2011).</ref> Modern Capitalism is essentially mass production for the needs of the masses.<ref name="humanaction_ch21_sec2">[[Ludwig von Mises]]. [http://mises.org/humanaction/introsec3.asp Work and Wages], 2. Joy and Tedium of Labor, [[Human Action]], online version, referenced 2011-04-25.</ref>
			==References==
			{{reflist}}

	==Also See==		==Also See==

Pestergaines: fixed WP link

2011-04-25T18:48:52Z

fixed WP link

← Older revision		Revision as of 18:48, 25 April 2011
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	==Also See==		==Also See==
	* ~~[https://secure.wikimedia.org/wikipedia/en/wiki/Capitalism Capitalism]~~		* {{wplink}}

	{{Stub}}		{{Stub}}
	[[Category:Concepts]]		[[Category:Concepts]]