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The Evolution of Capitalism Pierre Joseph Proudhon :: The Progressive Torrents Community
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The Evolution of Capitalism Pierre Joseph Proudhon




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51.00 MB

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2012-04-18 11:59:20


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[53]The Evolution of Capitalism - Pierre Joseph Proudhon

Written by Pierre Joseph Proudhon
Edition: 2008
Format(s): PDF
Language: English
Capitalism is an economic system in which property is owned by either
private individuals or a corporation. Private ownership is sometimes
used as a synonym for individual ownership, however the term "private"
may also be used to refer to collective ownership of individuals in
the form of corporate ownership. Therefore, "privately owned" in the
context of this definition means not owned or controlled by the state
and operated for profit, and in which investments, distribution,
income, production and pricing of goods and services are determined
through the operation of a market economy. It is usually considered to
involve the right of individuals and corporations to trade, using
money, in goods, services (including finance), labor and land.


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