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Philosophy and Philosophers

What is a capatalist?


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Answered 2009-12-17 19:07:09

A capitalist is a person who supports the tenets of capitalism, including the development of free markets.

And capitalism is an economic system based (to a varying degree) on private ownership of the factors of production (capital, land, and labor) employed in generation of profits. It is the oldest and most common of all economic systems and, in general, is synonymous with free market system.

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