Capitalist and socialist economies are very different; capitalism relies on the markets, while socialism relies on government planning. Each system has its pros and cons.

One could argue that the U.S.—widely seen as an avatar of a free market capitalist system—achieved its 20th century heights of power and prosperity only after the expansion of government ...

Capitalism is an economic system in which individuals and private parties control the means of production and profits are the key driver of economic activity. ... Example An example of capitalism.

Both proponents of capitalism and anti-capitalists frequently accuse capitalism of being a system driven by selfishness and greed. Capitalism’s defenders sometimes say: “By nature, man is ...

Readers discuss whether inequality, as one writer puts it, is “a logical, even necessary outcome of the capitalist system itself.” To the Editor: Re “Uncomfortable Questions” (“The ...

British sociologist Simon Clarke was one of the most sophisticated analysts of how and why capitalist systems descend into crisis. Clarke’s work on the contradictions of capitalism is a valuable ...