Capitalism emerged from the industrial revolution, as the system of unbounded accumulation of private wealth by a small cohort of society, who contribute no labor, by claiming as profit a share of wealth generated by labor of the rest of society, depriving them from realizing the full value of their own labor.
Money and trade are older than capitalism.
Capitalism emerged from the industrial revolution, as the system of unbounded accumulation of private wealth by a small cohort of society, who contribute no labor, by claiming as profit a share of wealth generated by labor of the rest of society, depriving them from realizing the full value of their own labor.