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Capatilsm

Capatilsm

Capitalism

Today in the United States, a free market system or capitalism is the
main economic system.  I am interested in this subject because I someday wish to
own my own business.  I believe that in the future this topic will be very
useful to me.  Among the topics that I will discuss are the greeks and romans
early practices of capitalism,  the ideas of Joseph Schumpeter, Rush Limbaugh,
and Karl Marx,  corporations, regulation by the government, and Reaganomics.  I
will also discuss the relationship between inflation and unemployment.  In
addition, I will give my own perspective on the economic theories that I'm
presenting. These are just a few of the things that I will be discussing in this
paper.

HISTORY OF CAPITALISM

Many of the institutions of capitalism can be traced back to Greek and
Roman times.  Things such as trade, moneylending, and insurance were well known
practices to them.  Unfortunatly, growth of the Roman Empire prevented further
development of a private business class.  As power over economic growth came
back to the people or lords during the Middle Ages, modern capitalism started to
evolve.

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Word Count: 1460

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