the.com/capitalist
Someone who risks money to make more money, then calls it genius.
means A person who owns capital — money, property, or investments — and uses it to generate more wealth rather than earning solely through labor.
from Builds on 'capital,' from Latin 'caput' meaning 'head' — as in head of cattle, an old measure of wealth. 'Capital' came to mean a principal sum of money by the 1600s. The '-ist' suffix was tacked on by the 18th century to name a person who deals in it, and 'capitalism' as a system-name followed in the 19th century, gaining its sharpest edges in the hands of its critics, Marx chief among them.
- core belief
- Private ownership beats collective ownership, every time
- marx's take
- Called them exploiters of surplus labor value
- not synonym
- Rich person and capitalist are not the same thing
- actual job
- Allocating capital to wherever returns look highest