this post was submitted on 14 Jun 2026
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Linux Gaming

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[–] sukhmel@programming.dev 1 points 5 months ago

Capitalism is an economic system where private individuals or businesses own capital goods, and the free market controls the production of goods and services.

Capitalism is a system of economic production

Private property promotes efficiency by giving the owner of resources an incentive to maximize the value of their property

A capitalist earns the highest profit by utilizing capital goods, such as machinery and tools, most efficiently while producing the highest-value goods or services.