Capitalism

Ideology centered on earning money on the free market, those who are more capable or work harder earn more money. Capitalism is common across most of inhabited space and hypercapitalism is practiced in many corporate states such as the Taurus Corporation.

Capitalism is an economic system in which the means of production and distribution are privately or corporately owned and developments is proportionate to the accumulation and reinvestment of profits gained in a free market.

Variants:

• Anarcho-capitalism: A Libertarian and anarchist political philosophy that believes towards the elimination of the state and the elevation of the free individual in a free market.

• Mercantilism: A nationalist-oriented form of early capitalism that uses the state to advance national business interests abroad, and states that a large amount of state wealth is through inter-state trade.

• Free-market/Laissez-Faire (let it be) Capitalism: Free market capitalism consists of a free-price system where supply and demand are allowed to reach an equal point without intervention by the government. Private ownership is extremely common.

• Social market economy: a free market system were government intervention in prices is kept to a minimum. The state but the state keeps control in forms of social security, unemployment benefits and labour rights. private ownership is based around this as well.

• Corporate capitalism: Corporate capitalism is a free or mixed market characterized by the dominance of hierarchical, bureaucratic corporations, which are legally required to turn a profit for its investors.

• Mixed economy: A largely market-based economy consisting of both public ownership and private ownership for production purposes.