Capitalism is defined as an economic system that is based on private ownership of capital. In a capitalist economy, the means of production are owned by individuals and the market functioning determines the production and pricing of goods and services.
Bicast leather (also known as bycast leather or PU leather, sometimes described as split leather) is a material made with a split leather backing covered with a layer of polyurethane (hence the term PU leather) that is applied to the surface and then embossed.
Bicast leather is: A split leather with a polymer coating. The polymer coating is created as a separate layer and then applied with adhesives, rather than being applied by spraying several thin coats as in ordinary leather. This results in a very even finish on a leather of generally poor quality. The thickness of the polymer layer will determine whether it can be sold as leather or re-categorised as leather laminate. Generally speaking if bicast is looked after it is hard wearing. and can be very serviceable.