Ideal capitalism is based on the pursuit of collective goals rather than on personal profits.Equality in decision-making replaces hierarchical relationships.Everyone shares in the goods and services of society,especially necessities such as food,clothing,shelter,and medical care,based on need,not on ability to pay.

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Ideal capitalism is actually based on the pursuit of personal profits rather than collective goals. Hierarchical relationships and unequal distribution of goods and services based on ability to pay are also key aspects of capitalism. The description provided in the question is actually more aligned with socialism or communism.

Ideal Capitalism Is Based on the Pursuit of Collective Goals