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A capitalist is an individual who supports or practices capitalism where capitalism is an economy based on economic rights, freedoms and markets. In the broadest sense of the term, a capitalist is someone who believes that capitalism is a good system. In its most specific sense, a capitalist is someone who practices capitalism by taking risks with their own capital. The following are illustrative examples of the latter.
Family BusinessA family business that puts capital such as money, equipment, buildings and land to work to create value. For example, a farmer who puts land and equipment to work to create food. A farmer may also employ others.Small BusinessIndividuals who put their own money into a business to generate value from capital and employ people. For example, a restaurant owner.FreelancersSmall businesses that don't have much capital such that they mostly offer their labor.
EntrepreneursIndividuals who create new industries, business models, products, services or ways of doing things. This can be a self-funded small business or a startup that receives funding from venture capitalists.Venture CapitalistsInvestors that fund entrepreneurial ventures known as startups.CreditorsInstitutions such as banks and individuals that lend money to businesses without taking any ownership interest in the business.
InvestorsIndividuals who put their money to work in businesses that they may or may not control, direct or influence. OwnersIndividuals who own a large portion of a business such that they have accountability for it.Board of DirectorsThe individuals who are accountable for a large business.Executive ManagementThe individuals who are responsible for a large business.
Captains of IndustryIndividuals who are very wealthy and active in an industry such that they have a large impact on society.MonopolistAn individual who owns or controls a monopoly that has little or no real competition for their major products and services.Crony CapitalistA capitalist who influences a government in a way that benefits them personally. Politicians and government employees who engage in this can also be referred to as crony capitalists.
Good BusinessA business that honestly pursues three goals: people, planet and profits as opposed to profits alone. This can be imposed on capitalists with regulations or markets for economic bads.NotesAlmost all countries currently employ some version of capitalism with a handful of exceptions such as North Korea.Countries such as Sweden are often misportrayed as socialist when in fact they are social market economies, a type of capitalism.|
| Type | | | Definition | An individual who supports or practices capitalism where capitalism is an economy based on economic rights, freedoms and markets. | | Related Concepts | |
Economics
This is the complete list of articles we have written about economics.
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An overview of the major types of economic system.
The definition of ideology with a list of examples.
The common characteristics of ideologies.
A list of common industries.
The common types of government spending.
The definition of central planning with examples.
A list of the primary problems with capitalist economies.
The common types of market with examples of each.
An overview of the basic types of socialism.
A list of common types of capital.
The definition of fixed asset with lists of examples.
The basic types of capital with examples of each.
The definition of public capital with examples.
A list of countries by GDP.
A list of countries by GDP.
The definition of individual capital with examples.
The definition of the financial sector with examples.
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