TnT

I have found 2 definitions for you:

(1) An economic system in which the means of production and
distribution are privately or corporately owned and development is
proportionate to the accumulation and reinvestment of profits gained in
a free market.

***Here I argue that there exists no free market. Therefore, the
definition is of academic interest only.

(2) an economic system based on private ownership of capital

***In this case Germany, Sweden. Canada, etc definitely qualify as
capitalist. Ever hear of stock exchanges in Sweden? Germany? Canada?
What do you think they trade there? Same thing that gets traded at the
NYSE. But, once again, let's not fool ourselves into believing that
there is a free market. At least not so long as there are only a
handful of oil corps (as just one example) around the globe.

Cheers,
frtzw906
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