Yes, Karl Marx believed that capitalism was a flawed economic system that exploited workers and created social inequalities. He argued that capitalism prioritized profits over people's well-being and perpetuated class struggles. Marx advocated for the abolition of capitalism and the establishment of a communist society based on common ownership and equality.

Marx and Engels did not foresee the rise of multinational corporations, globalization, and the financialization of the economy. They also did not anticipate the development of welfare states and social safety nets that soften the harsh effects of capitalism on workers. Additionally, they did not predict the advancements in technology and automation that have transformed the nature of work and production.

all of you are extremely dumb, the answer is dictatorship of the proletariat, for apex.

Well, if you have ever read any of Marx's writings it quickly becomes obvious that that was his belief. The Soviet system was built directly on Marx's writings.

If the US was not already alerted by Marx's writings and needed something else, they were willfully ignorant. During the Great Depression many individual Americans became willfully ignorant due to the apparent failure of US capitalism and the USSR's propaganda (but official US policy remained largely antisoviet as it had been since the Bolshevik revolution). During World War 2 official US policy was to be willfully ignorant, to help keep the USSR as an ally against the Nazis. After the war this willful ignorance gradually became less necessary and it was easier to recognize Stalin's anticapitalistic and antidemocratic activities in the Soviet occupied eastern European zones.

They get to choose to control everything.

Free- enterprise system

ottawa

private business ownership

Most people don’t have a choice, as capitalism forced on them by the ruling class.

Europe. Capitalism fully flourished there in the 1800's but the seeds of modern capitalism could already be seen as early as the 1500's.

Free markets in which suppliers and demanders can enter and exit the market at their own discretion are fundamental to the capitalist economic system.

Capitalism refers to the accumulation of capital (money seeking to grow itself) through investments, finance and venture capital activities. This refers to the process of "making money", which is actually just an accumulation of existing money in circulation within the economy.

Supposedly, the process of "making money" corresponds to the production of useful goods and services in the economy. But this is not always the case, as there are many redundant and parasitical activities that do not correspond at all to producing actual utility for the economy.

The outcome on culture is typically one where the common person is interested in making-money, often for its own sake, and on short-term interests.

Charles Edward Russell was a muckraking American who founded the NAACP, gave up on the corrupt Republican and Democratic parties, profoundly opposed communism (he particularly despised Lenin), and branded his pooled trust/share the capitalistic wealth ideology as: Socialism. The pooled trusts envisioned by Russell were a means to maximize profits and distribute the revenue to the producers instead of the executives. His core ideology was to reduce the abusive concentration of wealth and power in the hands of the elite (aka, the 1%) and share the profits with the producers (aka, the 99%) thus raising the standard of living for all.

Russell had seen the pooled trust business model in the form of cooperatives succeed for farmers in his native Iowa, but he also watched as these small Iowa cooperatives were defeated by the powerful New York and Chicago railroads which used their monopoly powers to control the flow of agriculture to distant markets and thus skimmed all of the profits away from the farmers and their trusts. Russell keenly observed that monopolies and the resulting concentration of power were to blame for the low living standards, and often abject poverty, of producers.

Sponsored by Upton Sinclair, Russell joined the Socialist party and ran for Mayor, Governor, and U.S. Senator in New York. He almost ran for President, but he was rejected from the Socialist party in 1917 due to his outspoken support for U.S. intervention in Europe to help the Allies defeat Germany in World War I. At the time, many members of the Socialist party in the U.S. were either German immigrants or decedents of German immigrants who strongly opposed the war.

The definition of State Capitalism is "an economic system that is primarily capitalistic, but there is some degree of government ownership of the means of production" (http://www.wordnetweb.Princeton.edu/perl/webn) or a capitalist system where the government runs businesses. A popular example of state capitalism is the economy of China, where the state owns thousands of companies.

A free market is a theoretical term that economists use to describe a market which is free from governenment intervention, such as no regulation, and minimal government ownership. Examples of this form would be Somalia or Afghanistan.

Most capitalist economies fit inbetween these two extremes. The economy of the United States is a free-market economy but also favors a small degree of state enterprise and public goods provided by the state.

yeah

Capitalism allows people to own private property, have the right to gain wealth and compete in the market. This promotes a growing economy where competing industries produce higher-quality products. Capitalism also allows individuals to earn money based on the importance of their role in society. If doctors didn't earn more than carpenters, no one would become a doctor and we'd have a shortage. This system encourages people to contribute to the economy, thereby gaining wealth for themselves and promoting wealth for others.

Capitalism is not without it's flaws, and there are many different forms of it.

(see the related link for a historical perspective on Western capitalism)

Capitalism is an economic system. Mercantilism is trading.

Free Enterprise

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The term more often used for such a form of capitalism is LAISSEZ-FAIRE ECONOMICS.

Free enterprise exists regardless of the risks involved for the business people so long as they can make a profit. Capitalism is a dream of the very wealthy to fore go any responsibility in relation to the place that they occupy in society and be able to accrue wealth without necessarily putting any thing back into society.

government control of business