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Capatalists believed in ?

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Capatalists believed in ?
  • 1 answers

Meghna Thapar 5 years, 3 months ago

A capitalist is someone who believes in the economic philosophy of Capitalism, a system of privately-owned, for-profit businesses. A capitalist might believe in free enterprise and the individual's ability to gain wealth through intelligence and hard work. Socialists critique capitalism, arguing that it creates inequality and limits human potential. Socialists maintain that capitalism derives wealth from a system of labor exploitation and then concentrates wealth and power within a small segment of society that controls the means of production.

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