Definition of capitalism 

Economic system governed by the natural laws of marginal utilitydecreasing wealth and relative exchange.

Analysis of capitalism

The definition of capitalism implies that during its validity human beings generate means of production (capital factor) that allows them to enhance the wealth obtained with the labor factor. Using our closed-box graph,we analyze the “capitalism system”. With Wq,w we indicate the utility generated by the two factors and Ww with the work.

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