Definition Of Capitalism By Karl Marx
Capitalism is organized around the concept of capital the ownership and control of the means of production by those who employ workers to produce goods and services.
Definition of capitalism by karl marx. However marx is extremely critical of capitalist economy. Capitalists are the business owners who organize the process of production and who own the means of. Capitalism is an economic system that emerged in europe during the 16th and 17th centuries in which private companies rather than the state control trade and industry.
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