Define "Capitalism"

The word "Capitalism" is used differently by it's opponents and supporters and others. In fact, I've seen definitions ranging from "The system of corporate power and relative lack of support for the poor", "Any system where Capital plays a major factor" (the author of that definition called communism a form of capitalism, showing how confused the definition is), "A free market with private property", and a few others.

When people calling themselves "Capitalists" use the word, they're talking about a relatively free market with a relative scarcity of collective property and mostly privately owned means of production.

When people calling themselves "Communists" use the word, they're talking about an exploitive system of corporate profits, worker oppression, and a wide gap between the rich and the poor.

Call me crazy, but these are not the same thing at all. They aren't mutually exclusive, but nor are they inable to exist without the other. The communist definition of capitalism applies better to Fascism than what a Capitalist is talking about. And it's possible to have private ownership of the means of production without having corporations.

When commie libs and capitalist pigs argue about "Capitalism" they're talking about two totally different things.

Obviously nobody here advocates the oppression of the poor and a massive class gap.

Discuss.

>>49
>>51
No matter what system you give Somalia, it's going to fail anyways. When the result of failure will occur independant of the system used, you can't say the system caused the failure. You could try giving them a modern democracy, like the UN tried, and the somalis will just tear it down and go back to warlords. Capitalism, Fascism, Socialism, Democracy, Anarchy, Communism, nothing will work in Somalia because Somalia is just a shithole. Subsaharan africa is a big shithole. Taking an example that will never work and is supposedly a certain system (it isn't agorism) does not prove that the certain system doesn't work. It just proves that it didn't work that time in that place.

>>49
I think of egocentrism as focusing primarily on oneself as opposed to focusing primarily on others. It doesn't mean absolute apathy towards others. I consider myself egocentric and I do care about others, but I'll tolerate whatever they want to do unless it hurts me. I don't consider it an illogical or evil or psychotic position to hold to the principle of not hurting other people that aren't hurting you.