GoodIn most contexts, the concept of good denotes the conduct that should be preferred when posed with a choice between possible actions. Good is generally considered to be the opposite of evil and is of ethics, morality, philosophy, and religion. The specific meaning and etymology of the term and its associated translations among ancient and contemporary languages show substantial variation in its inflection and meaning, depending on circumstances of place and history, or of philosophical or religious context.
Perspectives on capitalism by school of thoughtThroughout modern history, a variety of perspectives on capitalism have evolved based on different schools of thought. Adam Smith was one of the first influential writers on the topic with his book The Wealth of Nations, which is generally considered to be the start of classical economics which emerged in the 18th century. To the contrary, Karl Marx considered capitalism to be a historically specific mode of production and considered capitalism a phase of economic development that would pass and be replaced by communism.
SubjectivismSubjectivism is the doctrine that "our own mental activity is the only unquestionable fact of our experience", instead of shared or communal, and that there is no external or objective truth. While Thomas Hobbes was an early proponent of subjectivism, the success of this position is historically attributed to Descartes and his methodic doubt. He used it as an epistemological tool to prove the opposite (an objective world of facts independent of one's own knowledge, ergo the "Father of Modern Philosophy" inasmuch as his views underlie a scientific worldview).
Individual and group rightsGroup rights, also known as collective rights, are rights held by a group as a whole rather than individually by its members; in contrast, individual rights are rights held by individual people; even if they are group-differentiated, which most rights are, they remain individual rights if the right-holders are the individuals themselves. Historically, group rights have been used both to infringe upon and to facilitate individual rights, and the concept remains controversial.
Libertarianism in the United StatesIn the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as conservative on economic issues (economic liberalism) and liberal on personal freedom (civil libertarianism), often associated with a foreign policy of non-interventionism.
