What is Capitalism?

Subscribe! http://bitly.com/1iLOHml

The world has an apparent love-hate relationship with the economic social system, capitalism. So, we wanted to know, what is capitalism?

Learn More:

Capitalism
http://www.britannica.com/EBchecked/topic/93927/capitalism
“Capitalism, also called free market economy, or free enterprise economy, economic system, dominant in the Western world since the breakup of feudalism, in which most of the means of production are privately owned and production is guided and income distributed largely through the operation of markets.”

Pope Francis to Congress: Capitalism Must Change
http://www.bloomberg.com/news/articles/2015-05-13/pope-francis-to-congress-capitalism-must-change
Pope Francis will denounce the inequalities of capitalism when he becomes the first pontiff to address Congress on his visit to the U.S. in September, according to his closest adviser.

Capitalism through the ages: A grand tour
http://www.economist.com/news/books-and-arts/21629211-experts-look-back-economic-system-dominates-western-world-grand-tour
“The editors define capitalist systems as having secure contracts, property rights and markets with flexible prices, and surviving long enough to make big investments worthwhile.”

Subscribe to TestTube Daily!
http://bitly.com/1iLOHml

_________________________

TestTube’s new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubedailyshow/

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq

Special thanks to Lissette Padilla for hosting TestTube!
Check Lissette out on Twitter:https://twitter.com/lizzette

Comments

comments