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Cake day: June 14th, 2023

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  • These seem good: https://www.wordnik.com/words/capitalism

    from The American Heritage® Dictionary of the English Language, 5th Edition.

    noun An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market.
    

    from The Century Dictionary.

    noun The state of having capital or property; possession of capital.
    noun The concentration or massing of capital in the hands of a few; also, the power or influence of large or combined capital.
    

    from the GNU version of the Collaborative International Dictionary of English.

    noun An economic system based on predominantly private (individual or corporate) investment in and ownership of the means of production, distribution, and exchange of goods and wealth; contrasted with socialism or especially communism, in which the state has the predominant role in the economy.
    

    from Wiktionary, Creative Commons Attribution/Share-Alike License.

    noun politics, uncountable a socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.
    noun economics, uncountable a socio-economic system based on the abstraction of resources into the form of privately-owned capital, with economic decisions made largely through the operation of a market unregulated by the state.
    noun countable a specific variation or implementation of either such socio-economic system.
    

    from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

    noun an economic system based on private ownership of capital
    

  • Anti-capitalism is centered around removing power from holding capital. By tying power to capital, there is an incentive to accumulate capital in disproportionate exchange.

    Anti-capitalism is NOT anti-market. Markets are an economic tool used in all economies. Socialism is offered as an alternative to shift power to collective agreement through direct vote (direct democracy) or reprentative agreement (republic). By not granting economic goverance to a democratic government, there is a limitation on the ability to keep commodities responsibly sourced and consumed.

    Capitalism means that we vote with our dollar and when those with capital have more votes and those without, they control policy generation and governance.