Capitalism

A mode of production in which the private ownership of the means of production predominates, and under which the only logic of

Capitalist state

Any state which operates as a class dictatorship of the bourgeoisie. The bourgeois republic is one form of a capitalist state. The

Commodity

Any product made with the intention of exchanging it to realize surplus value, rather than made for use (use value). Commodity production

Commodity production

A mode of production that underlies the modern capitalist economic model. Commodity production is an economic relation that relies on:   1.

Feudal, feudalism

A mode of production distinguished by the distribution of land in fiefs or feods, agricultural production, serfs tied to the land.  

Industrial capitalism

The particular form of capitalism that emerged in the 19th century from the earlier, mercantilist system. Industrial capitalism was the most mature