The Reason Interview With Nick Gillespie cover image

Whole Foods' John Mackey: We Must Change How We Think About Capitalism

The Reason Interview With Nick Gillespie

NOTE

Capitalism Defined by Economic Freedom and Entrepreneurial Opportunities

Capitalism is characterized by privately owned means of production, economic freedom for entrepreneurs, innovation, trade, and competition. In contrast to pre-capitalist and socialist systems which restricted business activities and entrepreneurial initiatives, capitalism allows for more opportunities for individuals to start businesses, innovate, trade, and compete in the market.

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