As philosophy, politics, and economics evolve, the debate between socialism and capitalism becomes increasingly important.

At one end is market capitalism, where markets dominate with a limited government role. The U.S. is one such example. At the other end is state capitalism, like in China, where the government ...

Political commentator Fareed Zakaria criticized former President Donald Trump’s recent tariff reversal on Sunday, warning it ...

For example, private enterprises and individuals own most of the factors of production in capitalism. However, collective good is the predominating principle in socialism, at least in theory.

Economists classify capitalism into different groups using various criteria. Capitalism, for example, can be simply sliced into two types, based on how production is organized. In liberal market ...

Capitalism must be modified to do a better ... Many businesses are rethinking their role in society. For example, our company JPMorgan Chase has made a $200 million investment in the city of ...

Capitalism close capitalismAn economic system based on privately owned, as opposed to state-controlled, businesses and the creation of profit. is a social and economic system in which the means ...