But capitalism is the subspecies

但资本主义的方式
where wealth accumulated is deployed so as to create new wealth,

是积聚财富以创造新财富为目的的
and to do so in a competitive environment.

并通过竞争环境来达到这一目的
And that second piece, capitalism,

第二点资本主义这个术语
was not invented by some smart guy like Adam Smith,

不是由像亚当·斯密这样的天才发明的
but rather evolved organically by trial and error,

而是在不断摸索中自然产生
by experimentation, by failure.

在不断失败中发展起来的
Indeed, if you look at a market society,

实际上如果你看看市场经济社会
one of its great features is that

其最大的特点就是
its history is littered with failure.

其历史就是由错误拼凑而成的
Learning to analyze past success and past failure

学习和分析过往成败
becomes a key part of it.

成为研究资本主义的重要内容