Capitalism is a system where individuals have rights of ownership to goods, property, and means of production and free to transact it and also free to utilize it to produce any goods in whatever amount to fulfill its self interest Moreover government power should be limited so that it won't curtail individual freedom. But is capitalism that simple? The fact is many self proclaimed capitalist tend to disagree with one another. Even the most basic question like "How much can we tolerate government intervention?" To answer previous questions,there are three main capitalist thoughts with different opinion. First is a capitalism that is inspired by Austrian School of Economics. This thoughts is put forth by three Austrian: Carl Menger, Friedric Von Wieser and Eugen Böhm von Bawerk. The basic of Austrian thought is that humans possess wants and wishes of the consequences of preferred choice the formula is every individual in this world have their own wants and goalsand ev...
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