Scenarios about 'capitalism'

The economic and social system characterized by private ownership of capital goods, market-determined prices, and competitive profit-seeking enterprises. Capitalism emerged during the transition from feudalism to industrialization in Europe, gaining prominence through colonial trade networks and the Industrial Revolution. Its development has profoundly shaped modern societies through various forms including laissez-faire, state capitalism, and social market economies, making it a central consideration in alternate history scenarios exploring different economic trajectories.