Capitalism

Columbus westward and Vasco da Gama southward

Europe’s first great international trade venture – the Crusades, which started in 1095.

prosperity, empire and exploitation. As capitalism is an economic system based on trade, private ownership, and currency, its development is bound up with the history of trade and banking

prosperity, empire and exploitation. As capitalism is an economic system based on trade, private ownership, and

a person’s power as their ability to use a present means to obtain a future good. so i call someone powerful if they can easily use things available to them now to do what they want in the future

An individual’s power is determined by many things such as their strength, intelligence, or social standing, all of which have a direct impact on their ability to do what they want to do.

capitalism is an economic system based on trade, private ownership, and currency, its development is bound up with the history of trade and banking

free competition and industrialization

In liberal thought, if a person has a natural right to something, then no one, not even the state, can interfere with it

Locke’s question is of fundamental importance to the moral justification of capitalism. If private property cannot be justified, then nor can trade or investment, as they are dependent on the idea that a person can own property and can, within reason, do with it what they want.