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Capital Democratism

You scored -7Moral Order, -1 Moral Rules!

Capital Democratism

There is much debate over how to define Capitalism. Some proponents of capitalism emphasize the role of (presumably efficient) free markets, which, they claim, promote freedom and democracy. For many, capitalism hinges on the elaboration of an economic system in which goods and services are traded in markets, and capital goods belong to non-state entities [Independence], onto a global scale. For others, it is defined by the creation of a labor market in which most people had to sell their labor-power in order to survive.

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