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'''Capitalism''', also called '''free market economy''' is an economic system where the investment of capital, and production, distribution, income, and prices are determined not by government (as in a [[planned economy]]) but through the operation of a market where all decisions regarding transfer of money, goods (including capital goods), and services are voluntary rather than regulated and mandated by government.
Since the fall of [[communism]], and the advent of information technology, capitalism is becoming increasingly widespread.
Critics of capitalism, most famously [[Germany|German]] [[philosophy|philosopher]] [[Karl Marx]], have claimed that the system is dehumanizing to the working class and poor. "The rich get richer and the poor get poorer".
==External links==
*[http://www.capmag.com Capitalism Magazine]
[[Category:Economics]]
Since the fall of [[communism]], and the advent of information technology, capitalism is becoming increasingly widespread.
Critics of capitalism, most famously [[Germany|German]] [[philosophy|philosopher]] [[Karl Marx]], have claimed that the system is dehumanizing to the working class and poor. "The rich get richer and the poor get poorer".
==External links==
*[http://www.capmag.com Capitalism Magazine]
[[Category:Economics]]