Capitolism


capitolism is an ironic reference to an economy in which market forces are subsumed to political interests in washington. the term is derived from karl marx’s term for a private enterprise-based economy, capitalism, and the name of the building in which the u.s. congress meets, the capitol.

similar to crony capitalism, capitolism isn’t capitalism and it isn’t quite socialism, but combines some of the worst aspects of both systems. a business that makes decisions based on what will earn it subsidies from washington, rather than supply and demand, is capitolist.
to avoid bankruptcy, general motors must make business decisions based not on the market, but on the tens of billions of dollars in subsidies it seeks from washington. once a prominent example of capitalism it is now one of capitolism.
capitolism: neither capitalism or socialism. a hybrid. an economic theory growing out of indifference, economic stupidity, fostered by self interest and lack of knowledge or basic economics, history or social needs of either of the two different approaches. an economic system without direction, coherence or reason. the practice brings to regulations, laws and budgets confusion and the consequence being economic disaster.

those people in the capitol advocate a distinct capitolism.

Read Also:

  • nigga alert

    when you see a n-gg- walk in 2 chainz: ill n-gg- alert! ill n-gg- alert!

  • JudgeJacked

    an unfair judge in a tournament or compet-tion that flashes you a low score because they favor someone else. they know you really did better and should have given you a higher score but you graciously move on. either way you have been judgejacked!! what! 7.0! i just got judgejacked!! get the h-ll outa here! […]

  • Captain Saggy Pants

    one who looks like they sh-t themselves. kala aka captain saggy pants.

  • justin salvucci

    a guy who is of medium/high popularity status that is a cool and reliable kid. he is not the coolest kid but he has awesome looks and has his choice of girls. he is also very good at sports. hey that guy is so good at sports! his name should be justin salvucci!

  • just some random

    something out of the norm random ranga chick: can i borrow some make up?? stacey: who the f-ck are you…??? random ranga chick: “oh… i’m just some random…” (laughing…) best random moment ever!…


Disclaimer: Capitolism definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.