Capitalism is the social system which now exists in all countries of the world. What is capitalism? Well, let’s find out what capitalism really is. capitalism struggles to recover from slowdowns in invest-ment because a capitalist economy can remain indefinitely in equilibrium with high unemployment and no growth. Under this system, the means for producing and distributing goods (the land, factories, technology, transport system etc) are owned by a small minority of people. You can’t make a single argument against capitalism […] The term "capitalism" is contested. Although Capitalism is not without its flaws, its imperfections do not supersede its successes. While Marx used the term capitalist mode of production (capitalism) to distinguish a new type of social relationship within which labor power was commodified (wage laborers sell their labor time in a labor market), Werner Sombart (Modern Capitalism, 1902) initiated an alternative tradition that conflated the concept of capitalism with market society. Is it a great economic system or just another economic system that is not so great? Capitalism is an economic and social system based on the fact that the means of production must be privately owned, the market serves as a mechanism to allocate scarce resources efficiently and capital serves as a source of wealth. What we can say for sure is that all the economic systems that have ever existed are based on capitalism. Capitalism is organized around the concept of capital (the ownership and control of the means of production by those who employ workers to produce goods and services). Capitalism equips nations with the freedoms our ancestors wished to have accomplished. What is capitalism? Capitalism advances people in business to strive for wealth. Capitalism follows socialism which is why, from the seat of the Empire at least, things seem to be getting worse. Capitalism is an economic system that emerged in Europe during the 16th and 17th centuries in which private companies, rather than the state, control trade and industry. Businesses continue to grow, and people are still offered options. We refer to this group of people as the capitalist class. Take a gendered view of capitalism.