Tag: origin of Capitalism

  • Origins of the Word ‘Capitalism’

    Adam Smith's Lost Legacy: Origins of the Word 'Capitalism' … The word ‘Capitalism’ and its related term ‘Capitalist,’ were not “first derived in the English vernacular from a translation of the pejorative term used by Karl Marx” (though he certainly used them pejoratively in his writings). ‘Capitalism’ was a word and a phenomenon neither used…