Capitalism is the social system which now exists in most countries of the world and majority of peoples have adopted it as an economic system. Under this system, the means for producing and distributing goods (the land, factories, technology, transport system etc) are owned by a small minority of people. This group of people is known as the capitalist class because they have or posses the capital. Most people must sell their ability to work in return for a wage or salary (which is known as working class.)
The feature of working class is that they are paid to produce goods and services which are then sold for a profit. The profit is gained by the capitalist class because they can make more money selling what we have produced than we cost to buy on the labor market. In this sense, the working classes are exploited by the capitalist class. The capitalists live off the profits they obtain from exploiting the working class whilst reinvesting some of their profits for the further accumulation of wealth. As it become clear that the well fare of the working is ignored and only the capitalist class is in the position to gain maximum profit from the goods that are produced by the working class. The working class peoples are only paid for their work, in the form of salary or wages.
As we have mentioned in the above paragraph that there are two major classes working under this system. One is capitalist and the other is working class. This class division is the essential feature of capitalism. It is also necessary to know about some other classes like middle class of the society or this system also but I will restrict my discussion only to these two classes. And this will be my focus point in further discussion. Because I think that these two classes will be sufficient for the readers to understand about the capitalism because these two classes are the main features of this system.
There is no ambiguity about the status and the living style between these two classes. Members of the capitalist class certainly know who they are. And most members of the working class know that they need to work for a wage or salary in order to earn a living.