Anarchism, Capitalism, and Economic Doctrines: A Brief Overview
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Anarchism
A doctrine based on the defense of individual freedom, social solidarity, collective ownership, and the rejection of all authority.
Capitalism
An economic system in which industry and businesses are privately owned and generate profit.
Economic Liberalism
An economic doctrine based on private ownership.
Factory System
A method of manufacturing that uses machinery and the division of labor for the production of goods, usually on one site.
First International
An international association of trade unions and socialist, communist, and anarchist political groups founded in 1864.
Marxism
A radical form of socialism that advocated a revolution to overthrow capitalism.
Mechanisation
The use of machinery for the production of goods.
Norfolk Four-Course Crop Rotation System
A system based on growing four crops instead of three on the same land to increase or maintain its fertility.
Protectionism
The practice of protecting a country's industry by taxing foreign goods.