(Pure) capitalism is an economic system with division of labor and private ownership (not only of the means of production, but) of all human property, including the means of production, consumer goods, and man himself and products of his labor. The logical and economic consequence of such a preposition is that capitalism is naturally beneficial not only for capitalists and entrepreneurs, but for everyone, for all the people in society.
#capitalism #statism #economics #science
Austrian /
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2025-04-24 02:47:01
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