Better to argue the foundational principles of the constitution with these people. You’ll argue definitions of what’s soc/comm forever. Historical references don’t convince them because they believe they will be different. This’d only work on the useful idiots. The true believers know what it leads to and look forward to implementing that.
E.g., what exactly is the role of government? is there an advantage to central planning? how should human nature be addressed? Is equality under the law better than “equity”? Do “bad people” only exist in the world of business or are there bad people in government too? Is greed for money any worse than greed for power?
Discussing those topics leads to better arguments for the US system defined under the Constitution. May also help to review federalist/anti-federalist papers.
“Capitalism” is a moniker created by Marx. I avoid it. Free and fair markets is much better, which leads naturally to a discussion on what is “fair”.
So how should government regulate particular industries? Do they really need to get into the weeds of the business operations and pricing, or just make sure there is no fraud on either side of a transaction?
WIKI
Etymology
The term “capitalist”, meaning an owner of capital, appears earlier than the term “capitalism” and dates to the mid-17th century. “Capitalism” is derived from capital, which evolved from capitale, a late Latin word based on caput, meaning “head”—which is also the origin of “chattel” and “cattle” in the sense of movable property (only much later to refer only to livestock). Capitale emerged in the 12th to 13th centuries to refer to funds, stock of merchandise, sum of money or money carrying interest. By 1283, it was used in the sense of the capital assets of a trading firm and was often interchanged with other words—wealth, money, funds, goods, assets, property and so on.
The Hollantse Mercurius (1651-1691) uses “capitalists” in 1653 and 1654 to refer to owners of capital. In French, Étienne Clavier referred to capitalistes in 1788, four years before its first recorded English usage by Arthur Young in his work Travels in France (1792). In his Principles of Political Economy and Taxation (1817), David Ricardo referred to “the capitalist” many times. English poet Samuel Taylor Coleridge used “capitalist” in his work Table Talk (1823). Pierre-Joseph Proudhon used the term in his first work, What is Property? (1840), to refer to the owners of capital. Benjamin Disraeli used the term in his 1845 work Sybil. Alexander Hamilton used “capitalist” in his Report of Manufactures presented to the United States Congress in 1791.
The initial use of the term “capitalism” in its modern sense is attributed to Louis Blanc in 1850 (”What I call ‘capitalism’ that is to say the appropriation of capital by some to the exclusion of others”) and Pierre-Joseph Proudhon in 1861 (”Economic and social regime in which capital, the source of income, does not generally belong to those who make it work through their labor”). Karl Marx frequently referred to the “capital” and to the “capitalist mode of production” in Das Kapital (1867). Marx did not use the form capitalism but instead used capital, capitalist and capitalist mode of production, which appear frequently. Due to the word being coined by socialist critics of capitalism, economist and historian Robert Hessen stated that the term “capitalism” itself is a term of disparagement and a misnomer for economic individualism. Bernard Harcourt agrees with the statement that the term is a misnomer, adding that it misleadingly suggests that there is such a thing as “capital” that inherently functions in certain ways and is governed by stable economic laws of its own.
In the English language, the term “capitalism” first appears, according to the Oxford English Dictionary (OED), in 1854, in the novel The Newcomes by novelist William Makepeace Thackeray, where the word meant “having ownership of capital”. Also according to the OED, Carl Adolph Douai, a German American socialist and abolitionist, used the term “private capitalism” in 1863.
Other terms sometimes used for capitalism are:
Capitalist mode of production
Economic liberalism
Free enterprise
Free enterprise economy
Free market
Free market economy
Laissez-faire
Market economy
Profits system
Self-regulating market
https://en.wikipedia.org/wiki/Capitalism