The production of wealth by private enterprise is called Capitalism. It is hard to call Capitalism one of the isms, because Capitalism is not a creed at all. Capitalism was not 'invented' by any sociologist or philosopher. Capitalists never called themselves that. The word was invented by socialists to describe what they hated.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "The production of wealth by private enterprise is called Capitalism. It is hard to call Capitalism one of the isms, because Capitalism is not a creed at all. Capitalism was not 'invented' by any sociologist or philosopher. Capitalists never called themselves that. The word was invented by socialists to describe what they hated." in the context of "p. 25" to mean that wisdom is timeless.
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