While the Beichmen quote makes an excellent point, I’d recommend we stop using the term “capitalism” and its derivatives because it is a product of Marxist thinking and philosophy. The final sentence of the quote makes the point on why we should really use the term “free enterprise” to describe the desired state and the activities of wealth creation arising from the condition of being free in the way God intended.
“describe the desired state and the activities of wealth creation arising from the condition of being free in the way God intended.”
It is called the United States of America.
Amen! Take control of the language! :-)
Before Marx the word basically did not even exist. That info used to be on wikiquote a few years ago but when last I looked it was gone. I figured I wouldn’t fight it so much considering that Milton Friedman often used the term. But I take your point as I have made it myself.