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.

>>56

Empirical evidence for this is kinda difficult to get, but it's my personal belief that Somalia will persist as shithole capital of the world unless something really crazy happens. And I didn't say all of sub-saharan africa wouldn't work under agorism. I just said all of sub-saharan africa is a giant shithole and no system will magically change it's shitholedom. Anarchy can certainly help some of them, but to say that any system is a failure because it can't turn the shithole of shitholes into an industrialized nation in a decade is unfair.

Somalia's GDP is up 500% since the government was overthrown in 1991. It's still a shithole, but it's a slightly less shitty hole, and government sure as hell wasn't responsible for that growth. That's the closest thing I can have to evidence at this point. It's not something you can test under laboratory conditions.