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.
Bonded Leather is made from leather fibers that come from the stage in the tanning process where the hide is shaved to the desired thickness. It is generally not made from scraps of finished leather. The leather fibers are bonded together usually with natural latex.xplaining the difference between bonded leather and genuine leather, is the same as describing the difference between ground beef and steak.. Bonded leather, a.k.a. reconstituted leather, may contain 17 percent leather scraps, but it's still a man-made material.