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Capitalist

Capitalist Definition

It is often said that a capitalist is anyone who is greedy. But in economics, a capitalist is a person who owns capital, i.e. property that earns revenue. Capitalist do not need to work for a living because they can live off their wealth. (Of course, most people want to work, so most capitalists are not idlers.) A capitalist society (or capitalism) is one in which the major economic decision-makers are capitalists and the main economic motivation is profit-seeking.



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