Capitalism does not exist. It is just a word, consider we used to have Democracy this was where citizens were elected to Congress met in debate and crated laws for society to prosper within.
Today we no longer have democracy, we have professional politicians who know only what their handlers allow them to know and who must serve those who paid their campaign contributions.
Thus the modern democratic process has very little to recommend it today. Thus these professional political vermin will do anything, be anything or say anything to get reelected. These are just the public faces of the two contractors who are making money; the Repubidiots and the Demotards . . .
Over time things evolve and communism or capitalism is just a reflection of the ideology that humans believe in. As people perceptions alter so does the reality of capitalism. Any successful profiteer or capitalist from 100 years ago would today quickly find themselves violating some modern law that just did not exist 100 years ago.
Thus as new market makers and entrepreneurs appear people perceptions of the way people make money alters to reflect those practices. Over time humanity evolves, communism evolves, capitalism evolves to reflect human belief of what is involved in making profit.
Not sure I am correct ? consider the premise of capitalism is about government giving business the freedom to make money. Now government duty is to give society the framework to prosper, yet they allowed all those practices which led to The Recession of 2007-2009. Officially that Recession ended in 2009, thus we were ushered into The Great Depression from 2009 till forever.
Today businesses do not manage to make money the way they did before Y2K today the internet rules public information to the masses. So with the internet not even existing prior to 1990 how could capitalism be familiar to people from the 1950's or before ?
Thus the term democracy or socialism or capitalism are just words used to fuel peoples emotions. Today people fear communism but reality says any politician leader of true communism decades ago would not even recognize what communism has become.
The same would apply to the old school Captains of Industry who created many of the previous Fortune 500 companies. Thus these words are dictionary terms at best and have no basis in this crazy new age Y2k modern world . . .
Did you bother reading the article before responding? It doesn't seem like it.
Hang on; what do you mean? " Did I read the article " . . . That is being a little excessive ! ! ! Are you serious, you want people to like READ the WHOLE article , geez : )
sorry ; (just kidding ) ; )
Language is used to describe concepts both real and imaginary. Human action is objectively real. Value is subjective, but real. "The State" is imaginary, just a false god created to justify the real coercive actions of individual humans who call themselves "government." The difference between voluntary and coercive interaction is also real.
Uh, no. The premise of capitalism is the free and voluntary trading of goods and services between individuals. A government literally makes that impossible, as governments survive on interfering with voluntary trade between people.