Capitalism

Explenation
Capitalism is an ideology representing a broad range of ideologies that fall under the umbrella of "Capitalism". Capitalism is often deeply understood as most people debating it think of it as a different thing, but we will define it by the three institutions: Capitalism, is defined in many different ways, by Socialists it's usually defined as a system where the bourgeoisie exploit the proletariat, by market anarchists it's usually defined as corrupt markets and by Right-Libertarianism it's usually defined as a free enterprise system. Capitalism fundamentally needs 5 institutions to function:


 * 1) Private Property
 * 2) Free Exchange
 * 3) Competition
 * 4) Division of Labor
 * 5) Social Co-operation

Other ingredients necessary for the development of Capitalism are:


 * 1) Freedom of contract. There must be job flexibility and work contract, allowing better division of work and specialization.
 * 2) Constitutional (limited) government to assure that private property is not violated by the state.
 * 3) The exchange of goods and services in a market economy.
 * 4) Free financial markets and access to capital.
 * 5) Ease of starting and managing a business.
 * 6) A good and efficient law system

Also the meaning of capital is often misunderstood, since it's not only money but everything necessary for the production of consumer goods: Workers, capacitation of the workers, machines, materials, the factory itself, financial capital (The money that finances those necessary capital goods), etc...

Capitalism can fall under any cultural and statist position but is always is on the right-wing on the economic spectrum (unless you're Capitalist Communism).

Nations With This Ideology
Rusion(Kinda)

Parties With This Ideology
None

Banner
They have a yellow flag with a green dollar sign in the middle.