-
an economic system by its enemies;
-
point one by its enemies.
-
Point two a system which relies heavily
-
on the private use of capital;
-
heavily on the private use of capital combined with
-
the profit motive founded on self interest or family interest.
-
So that there are hundreds of variations on the capitalist system,
-
but the essentials are private deployment of capital,
-
open acknowledgement of profit as a motive,
-
and a sympathetic understanding of self or household interest.
-
Another frequent part of the package
-
is a tolerance for innovation.