That perspective is too narrow. Capital and markets are only two parts of the complex modern economic system. People don't only matter because they bring their labour to the owners?of capital - as in the original, 19th century definition of capitalism. And governments over the years have become regulators and keepers of the monetary order. Moreover, the economy is so closely integrated with modern society that no clear border separates the two. Social forces - such as the thirst for technological innovation, the work ethic and other moral values - play a fundamental part and influence the workings of the purely "capitalist" system.

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