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#monocapitalism

Top Voted Definition for #monocapitalism

Mono-capitalism is an economic system in which the means of production are privately owned & operated for private profit, while wages are paid to employees. Value is determined & expressed largely in terms of treasure & physical assets. Little or no consideration is given to other values, such as human capital, intellectual capital or natural capital.

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Added on Oct. 28, 2010 anonymously

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