What two principles form the basis for capitalism?
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conversion of public assest into private Assets and privatisation should be promoted
2.all individual should be free to competition in the market and individualism and competitiveness should be promoted
2.all individual should be free to competition in the market and individualism and competitiveness should be promoted
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Discrimination can be one of the principle basis of capitalism, the employees under this type of economic revolution are discriminated and their labor is misused by the rich who owns machines by overworking the proletariat and underpaying them. Privatization of the public machines for individual interest is also another principle of a capitalistic society.
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