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In the present writing 'capitalism' describes not 'private enterprise' nor 'market economies' so much as that situation where production is predominantly organized around processes of surplus accumulation. Under capitalism much economic activity - especially that controlled by the more powerful circles in society - is directed at building up ever greater stores of resources in excess of subsistence needs. The drive to accumulate surplus is prone to encourage both perpetual competition among capitalists and a highly unequal distribution of surplus value across the population at large.
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