Capitalism in an economic system in which the means of production and property are all owned by private individuals rather than by the public at large. Private ownership can either be distributed among many people (corporate ownership) or a single person. Goods and services are exchanged between individuals based upon common consent.
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What are Political and Legal Philosophy
The Philosophy of Politics and the Philosophy of Law are often studied separately, but they are presented here jointly because they both come back to the same thing: the study of force. Politics is the study of political force in the general community, while jurisprudence is the study of how laws can and should be used to achieve political and social goals.
What is Philosophy?
What is philosophy? Is there any point in studying philosophy, or is it a useless subject? What are the different branches of philosophy - what's the difference between aestheitcs and ethics? What's the difference between metaphysics and epistemology?