Tag: capitalism

Who was 'Karl Marx' Karl Marx was a philosopher and economist famous for his ideas about capitalism and communism. Marx, in conjunction...

What is 'Saitori' A member of the Tokyo Stock Exchange who facilitates the trading of securities by matching buy and sell orders....

Socialism is a political and economic system that is based on collective or public ownership of the production means. Unlike capitalism, socialism lays emphasis...

DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...

What is 'Parasitic Advertising' A type of marketing that promotes one product at the cost of lost sales for another product. Parasitic...

DefinitionLaissez-faire is an economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs and subsidies. The...

Capitalism is one of the systems of political and economic governance that is based on the idea of private ownership of modes of production...

Define Economic Capital Economic capital refers to the money that a business or individual has available to invest in new ventures or cover unexpected expenses....

What is 'Eco-Communalism' An economic/environmental philosophy focused upon local economies, sustainability and self-sufficiency. Eco-communalism is centered upon the belief that many self-sufficient...

Creative destruction, sometimes called Schumpeter's gale, is an idea people studying economics theory say may lead to innovation in the business cycle. Karl Marx...