lol! You must have created your own definition son. Here's what I found.....<quoted text>
From Dictionary.com :
"capitalism [ˈkæpɪt& #601;ˌlɪz əm]
(Economics) an economic system based on the private ownership of the means of production, distribution, and exchange, characterized by the freedom of capitalists to operate or manage their property for profit in competitive conditions. Also called free enterprise private enterprise Compare [socialism]"
Note: "...characterized by the *FREEDOM* of capitalists to operate or manage their property for profit in competitive conditions."
You would rather listen to the Boy Messiah than to Adam Smith any day because you get free cellphones from the Boy. That's one *FREE* you always connect with.
[kap-i-tl-iz-uh m] Show IPA
an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth."