How did industrials learn the potentials of capitalism when it was integrated into the governmental system?

Expert Solution

INTRODUCTION TO CAPITALISM :
The theory of government involving the state of economics has gained support
from the majority of those who support capitalism, from liberals to Keynesians.

Karl Marx, the most famous adversary of In Marx's book Das Kapital, the government called it "capitalism." It referred to capitalists as dominated by their means of production and employed other income-seeking workers.
Capitalism today refers to the social system under two central concepts: private property rights and the exchange of goods and services.
Capitalism is a sort of economic system in which business or industry is not regulated by the state but by private owners and individuals.
Government Influence in Capitalist Outcomes: Most people who accept capitalism, from the socialists to the Keynesians, embrace the government's capitalist state theory. Nearly all capitalist supports a degree of economic leadership. Anarchic capitalists who deem all state positions privatised and open to market forces are the only exceptions. Classical liberals, liberalists and minarchists agree that capitalism is the best management of wealth, but the government needs to strive to preserve private proprietary interest in military, police and courts.

Rahul Sunny answered 2 years ago

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