BIBL - This Is Not Capitalism
Capitalism.
It's a word that means everything and nothing. To some, it alludes to a system in which oligarchic owners of capital are allowed to shape the economy in their favor. To others, it's the natural result of the property rights inherent in a free economy.
The dictionary definition of capitalism is simply an economic system in which a nation's land, resources, industries, and capital are owned by private individuals and businesses rather than the government. It's often associated with for-profit business, specifically, but private ownership does not necessarily require a for-profit structure. It