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In the statement, "Capitalism is the zero sum equation maximizing utility" what is utility?

You may contest the statement, but please explain how utility is employed in an economic sense. Explain how capital flows without utility. Explain the benefit to the system of maximum utility, and the consequence of minimum utility. what other variables effect utility directly?

Utility in economics refers to the total satisfaction received from consuming a good or service. It is a concept that was introduced by Daniel Bernoulli. He believed that for the usual person, utility increased with wealth but at a decreasing rate.


Thanks for you anwer.


TY, I actually learned something today from QnA. Good answer.

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