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Walter Benjamin: Art, Aura and Authenticity | Ceasefire Magazine
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Economists , historians , political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free-market capitalism , state capitalism and welfare capitalism. Different forms of capitalism feature varying degrees of free markets , public ownership ,  obstacles to free competition and state-sanctioned social policies. The degree of competition in markets and the role of intervention and regulation as well as the scope of state ownership vary across different models of capitalism. Most of the existing capitalist economies are mixed economies that combine elements of free markets with state intervention and in some cases economic planning.
The Future of Sino-U.S. Proxy War
Socialism is a political , social , and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production. Socialist systems are divided into non-market and market forms. Profits generated by these firms would be controlled directly by the workforce of each firm or accrue to society at large in the form of a social dividend. Socialist politics has been both internationalist and nationalist in orientation; organised through political parties and opposed to party politics; at times overlapping with trade unions and at other times independent and critical of them; and present in both industrialised and developing nations.
To compete and thrive in the 21st century, democracies, and the United States in particular, must develop new national security and economic strategies that address the geopolitics of information. In this century, democracies must better account for information geopolitics across all dimensions of domestic policy and national strategy. This process has to be examined in the context of the current strategic competition between China and the U. After the Cold War ended, promoting the international spread of democracy seemed poised to replace containment as the guiding principle of U. Scholars, policymakers, and commentators embraced the idea that democratization could become America's next mission.