To: neverdem
from Webster's cap·i·tal·ism/ˈkapətlˌizəm/ Noun: An economic and political system in which a country's trade and industry are controlled by private owners for profit. Are we getting into a semantic discussion? Here in the US we equate the word capitalism with free enterprise. Perhaps, communist ideologues using the word in the context of bureaucratic control which is the antithesis of the Webster definition and what we in the US mean by the word. I do not think we are in a rose by any other name situation when it comes to defining the word by American standards on the one hand and commie standards on the other.
14 posted on
01/18/2012 3:12:10 AM PST by
chuckee
To: chuckee
Have you listened to Frank Luntz talk about this? Did you read the article? The communists INVENTED the word. It was never used by conservatives to refer to free markets before that time.
To: chuckee
And how does Webster’s describe free enterprise?
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