Actually, if you are going to trace the pedigree of the idea, capitalism is a philosophy of the left. It having its origins in the 18th century Scottish Enlightenment, usually being pegged to Adam Smith's book, "The Wealth of Nations."
The idea behind the Enlightenment that there were certain laws in nature that governed politics and human relations. These paralleling the physical laws that had been discovered by Sir Isaac Newton and that had begun the "Scientific Revolution."
The assumption then being that man had the capacity to discern such laws and could harness them. If human laws were made in conformance with these natural laws, that peace and harmony among men would follow. In this, then, man was spontaneously social and that things like religion, ethnicity, nationality and community are extraneous to his nature. It was here that "rugged individualism" was born.
Capitalism then was a facet of this. Adam Smith, David Ricardo and others believed that they had discerned the natural laws governing human relations in the economic sphere. Thus, the famous "invisible hand." If men were left to interact according to his spontaneous instincts in terms of the provision of his needs, harmony and prosperity would follow.
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Not at all. On the far "right" end of the scale is anarchy and on the far "left" end is true communism. Both of these are impossible to achieve due to the nature of humans and the nature of the ideology. Anarchy is impossible because you will always have the strongest rise up and become a monarch and true communism is impossible because it doesn't account for human greed. Capitalism is an almost perfect middle. We have government control and regulation to maintain peace and fairness, but we also allow people to make their own choices and make their own way. Capitalism Republic isn't a perfect government, but it is the best one I have seen and thought of. What do you think and do you have any other questions I can help with?
I do not think a mere political dichotomy such as the Left and the Right would appropriately classify capitalism's place in the political spectrum. Being an economic system, capitalism has tremendously impacted the world economy and its dynamics, and such could not be outright attributed to any political ideology. An instance would be the Chinese (PRC) government—totalitarian (leftist) in rule yet fiscally capitalist in international trade.
People seem to attribute capitalism more to the right-wing side of the political spectrum, namely with conservatism and libertarianism. However, there are a lot of wealthy individuals (replete in capital) in the world who openly harbor "leftist" opinions, express disagreement with leaders deemed to be "right-wing", etc.
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Communism is a leftist ideology because it is rooted in a rejection of Capitalism. Capitalism is an economic system, not a political agenda. Being right-wing doesn't mean you are conservative and support the upholding of the current system. I would argue leftists see capitalism as a means to an end, while ring-wingers see capitalism as a root out of poverty.
capitalism is a libertarian idea. It's a classical liberal idea. Modern liberals are lefties but that's not what liberal was defined to mean
Neither as both have been successful at free enterprise.
It is an economic system.
Capitalism is an economic ideal
From what I have seen, it's rightist.
A bad ideal.
It's both
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