An economic system based on "survival of the fittest".
This is a simple and short definition of capitalism. But is illustrate it self to visitors and readers.
Basically capitalism is based on the Darwinian concept of survival of the fittest. In capitalism there is no central authority to control the economic activities. The word capitalism is now quite commonly used to describe the social system in which we now live. It is also often assumed that it has existed, if not forever, then for most of human history. In fact, capitalism is a relatively new social system. It is used in and still majority of peoples using it as a social system. Scaled-down examples of capitalism are flea markets, bazaars and black market trading.