CAPUNISM

Grey Beckett, a Collegiate Assistant Professor of Social Sciences at the University of Chicago coined the term ‘Capunism.’ It is defined as ‘a political system which employs the best attributes of both Capitalism and Communism. This kind of government employs Capitalism’s ability to distribute wealth fairly but not evenly so that all citizens have a standard of living well above the poverty line and are gainfully employed at a job that provides value to the community and fulfillment of the worker.