How would you define American Capitalism?

Capitalism is an economic system in which capital and labor occur within the legal structure called private property, that is, owned and controlled by private actors such as companies or individual investors often in cooperation with the state. Central to capitalism is capital accumulation, which enables investments for those who accumulate capital and also facilitate the division of labor and thus the specialization of the labor force. Capital accumulation is concentrated in relatively few actors: those who have sufficient capital find it easier to take advantage of opportunities for profitable investments.

In turn, American capitalism is characterized by adding to these concepts a high level of consumerism on the part of society, which tends to acquire the products that investment companies offer in the market to a greater extent than in other countries in the world. . In this way, companies obtain higher profits, reinvesting greater amounts of money and employing more people.

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