Tag: capitalism
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Capitalism: An Introduction
Text reposted from libcom.org and available in: Español | Français | Italiano | Português | Türkçe | Nederlands Capitalism: An Introduction At its root, capitalism is an economic system based on three things: wage labour (working for a wage), private ownership or control of the means of production (things like factories, machinery, farms, and offices), and production for exchange and profit. While some people own means of production, or…