Capitalism
Economic system based on private ownership
Summary
Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit. This socioeconomic system has developed historically in several stages and is defined by a number of constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies may experience business cycles of economic expansion followed by recessions.
Originally created by Fare~enwiki
10/14/2001, 11:16:39 AM
Modified
5/23/2026, 9:13:16 PM
Recent revisions
not a reliable source, see [[WP:RSP]]
Copyedit
Restoring more neutral, textbook definition
Restoring proper context
CE: improve clarity, structure, neutrality, remove redundancy in lead section
copyedit lead cleanup; improved neutrality and tone
link [[capitalist mode of production]] using [[:en:User:Edward/Find link|Find link]]
/* Economic growth */ per sources and topic of the article
[[WP:CVPI|Interceptor]]: Reverting non-constructive edits by [[Special:Contributions/~2026-28755-77|~2026-28755-77]]
Grammatical touch ups
[[WP:CVPI|Interceptor]]: Reverting non-constructive edits by [[Special:Contributions/~2026-28217-14|~2026-28217-14]]
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Dating maintenance tags: {{Pn}} {{Fact}}
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fixing ref that's a combo of book + review article to just be book
reformatted refs; deleted subscription-only URLs that duplicate DOIs | Alter: template type, title, pages, url. URLs might have been anonymized. Add: jstor, doi-broken-date, isbn, pages, date, chapter, title, authors 1-1. Removed parameters. Formatted [[WP:ENDASH|dashes]]. Some additions/deletions were parameter name changes. | [[:en:WP:UCB|Use this tool]]. [[:en:WP:DBUG|Report bugs]]. | #UCB_Gadget
/* See also */
Undid revision [[Special:Diff/1352528718|1352528718]] by [[Special:Contributions/HudecEmil|HudecEmil]] ([[User talk:HudecEmil|talk]]) Capitalism is not even mentioned in the linked article. Seems irrelevant to include this here.
