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by civilian 3251 days ago
Your definition for capitalism is correct, but might be missing the key point:

> Capitalism is the use of markets as the primary method of resource allocation within a society.

http://www.americanteeth.org/2015/06/21/why-i-m-a-capitalist...

I lost a game of Go to the guy who wrote this. He's a total socialist, but he _gets it_. Capitalism is just using markets, and when he and I use that word we just mean that. But when many progessive-types use that word, they mean all of the perceived evils and unjustice that coming along with that system.

1 comments

The issue is that there will always be injustices and evil (born of greed). Until the day humans transcend bring humans (i.e., acquire unlimited resource and immortality).