The Objective Standard

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Economics

The Mind-Based Etymology of ‘Capitalism’

By Richard M. Salsman

Nov 20, 2018
∙ Paid

Political-economic systems are identified by broad abstractions such as “capitalism,” “socialism,” “communism,” “fascism.” Philosophy and history enable us to identify, in broad abstractions, the essence of political economic systems. But the meanings of these abstractions can sometimes be difficult to retain. Etymology, the study of the origin and deve…

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