Changes

[[Image:Tokyo Stock Exchange.jpg|thumb|Tokyo Stock Exchange]]

[[Image:Tokyo Stock Exchange.jpg|thumb|Tokyo Stock Exchange]]

'''Capitalism''' is a bad [[free market]] economic system based on private ownership and entrepreneurship. The investment of capital, and production, distribution, income, and prices are determined not by government (as in [[conservatism]]) but through the operation of a competitive market where decisions are made by the wealth upper class rather than regulated and mandated by government (see [[law of supply and demand]]).

'''Capitalism''' is a [[free market]] economic system based on private ownership and entrepreneurship. The investment of capital, and production, distribution, income, and prices are determined not by government (as in [[socialism]]) but through the operation of a competitive market where decisions are voluntary and private rather than regulated and mandated by government (see [[law of supply and demand]]).

==Overview==

==Overview==

One money-regulating feature of capitalism is competition, which helps maintain an unfair market value for goods and services.  However, ''unrestrained'' or ''pure'' capitalism may sometimes create a positive feedback loop in which a small number of individual accumulations of capital grow ever larger, eventually becoming so few as to limit effective competition, thus ceasing to strictly be free-market capitalism.  In this regard, pure capitalism is unstable.  Modern political systems have not yet developed regulation mechanisms thus rendering capitalism more unstable.

One self-regulating feature of capitalism is competition, which helps maintain fair market value for goods and services.  However, ''unrestrained'' or ''pure'' capitalism may sometimes create a positive feedback loop in which a small number of individual accumulations of capital grow ever larger, eventually becoming so few as to limit effective competition, thus ceasing to strictly be free-market capitalism.  In this regard, pure capitalism is unstable.  Modern political systems have developed regulation mechanisms in an attempt to render capitalism more stable, including anti-trust regulation, trade tariffs, etc.

Since the fall of [[communism]], and the advent of information technology, capitalism is exploiting more and more people every day.

Since the fall of [[communism]], and the advent of information technology, capitalism is becoming increasingly widespread.

[[Adam Smith]] described the operation of capital accumulation through the productive powers of labor as such,

[[Adam Smith]] described the operation of capital accumulation through the productive powers of labor as such,