Capitalism is a system based on trade, profit, and private ownership as opposed to a system of common ownership and state control. Capitalism comes in a number of different forms, as long as individuals direct their own capital, it is capitalism.

Capitalism is to economics what democracy is to government, a system in which majority rule and individualism collide and excesses and deficiencies of liberty and equality are realized.

Neoliberalism Explained

Neoliberalism is an economically-minded evolution of classical liberalism focused on deregulation, trade, and the private market. It is a “middle way” or “third way” between liberalism and conservatism.

What is Liberalism?

Liberalism is the political ideology of liberty and equality, where classical liberalism emphasizes individual liberty and social liberalism emphasizes social equality.