What is anarchy in political science?

anarchy, in political science and the study of international relations, the absence of any authority superior to nation-states and capable of arbitrating their disputes and enforcing international law.

Where is ANCAP?

Australia
The Australasian New Car Assessment Program (ANCAP) is a car safety performance assessment programme based in Australia and founded in 1993. ANCAP specialises in the crash testing of automobiles sold in Australia and the publishing of these results for the benefit of consumers.

What are the good things about capitalism?

One of the greatest things about capitalism is that it works perfectly with democracy: everyone gets 1 vote, and thus equal power politically, whatever their race, political views or gender. In Britain, recent legislation has even allowed some prisoners to vote.

What are three characteristics of capitalism?

Capitalism. Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.

What are the basic principles of capitalism?

Capitalism is essentially a market structure that functions on base 2 principles: Freedom of access to markets, with the goal that everyone can be a Buyer and Seller. Freedom of negotiation and exchange of goods and services between Buyers and Sellers within the market.

What are the alternatives to capitalism?

Since capitalism is a worldwide class society and exchange economy, it is clear that the exploitation-less alternative to capitalism would have to be a classless world society without exchange. No classes, no State, no frontiers. The basis of any society is the way its members are organised for the production of wealth.