 The concept of “capitalism” includes a reference to markets, but as a socio-economic system, it is broader; its defining feature is the private ownership of capital (see e.g., Scott 2011). This typically leads to pressures to find profitable investment opportunities and to asymmetries between owners and non-owners of capital. Markets are a core element of capitalism, but in principle they can also exist in societies in which the ownership of capital is organized differently (see e.g., Carens 1981 for a proposal that builds on “moral incentives”; for the debate about “market socialism” in general see e.g., Bardhan/Roemer 1993). Many proposals for reforming current forms of capitalism, for example the Rawlsian idea of a “property owning democracy” (see e.g., O’Neill/Williamson 2012), do not reject markets, but rather argue for a more equal distribution of productive assets.