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 by taking leather fibers and combining them with a binding agent or other substances. The resulting product looks like leather but is much cheaper and does not have the strength or durability that real leather has. It is considered synthetic leather.onded leather, also called reconstituted leather or blended  leather, is a term used for a lower-cost upholstery material which  consists of natural leather leftovers that â¦ are shredded and then  bonded back into larger sheets. Yes, pig hide could very well be  included.