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Revision 12 . . February 9, 2001 12:04 am by AyeSpy
Revision 11 . . February 8, 2001 11:04 pm by JimboWales [Added some anti-capitalists to the list of theorists]
Revision 10 . . (edit) February 8, 2001 11:00 pm by JimboWales
Revision 9 . . February 8, 2001 3:03 am by AstroNomer
Revision 8 . . February 8, 2001 3:03 am by AstroNomer
Revision 7 . . February 8, 2001 3:02 am by AstroNomer
Revision 6 . . February 8, 2001 3:00 am by WojPob
Revision 5 . . February 7, 2001 11:41 pm by AyeSpy
Revision 4 . . February 7, 2001 10:32 pm by AstroNomer [Added reference to the concep of "MarkeT"]
Revision 3 . . (edit) February 7, 2001 4:03 am by JoshuaGrosse
Revision 2 . . (edit) February 2, 2001 3:21 am by TimShell
Revision 1 . . February 2, 2001 3:20 am by TimShell
  

Difference (from prior major revision) (no other diffs)

Added: 2a3,4
An integral element of capitalist theory is the private ownership of property, and privately made decisions regarding employment, sales, purchases, savings and investments. This private ownership and these privately made decisions are said to constitute a FreeMarket?, and the forces of the FreeMarket? are driven by the aforesaid factors. Historically, capitalist economies have been characterized by the potential for rapid accumulation of personal and corporate wealth, high national productivity, and potentially highly unequal distribution of wealth, resulting in extreme differences between the very wealthy and the very poor among private citizens.


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