You are misunderstanding capitalism completely. Here is a genuine economist to explain:
Discussion
The misunderstanding is that Americans misuse the word capitalism completely.
Capitalism is government by the capitalist class.
Corporate monopolies are inherent.
Capitalism is based on usery, lending money with compound interest, exploiting workers, using the state and the police to enforce laws that benefit the corporate monopolies. That's what capitalism is.
The word “government” is not included in the definition of capitalism.
You don't even know what the word government means...
That's why I had to write government instead of state, because Americans don't understand the difference
No, that’s objectively incorrect. If you want to learn capitalism is explained precisely in the video I linked.
You have been brainwashed your entire life.
It's not your fault.
But you're an adult now, it's time to take responsibility and educate yourself.
The lies they told you at school, the doublespeak your politicians and media use.
It's not normal.
And it makes it extremely difficult for anyone outside of USA to have a good faith discussion or argument.
You use the words different.
To everyone outside USA refers to governments where the capitalist class has power over society.
Like Carl Marx is the one who popularised the term capitalism, to refer to the new economic and political system that grew out of the industrial revolution and replaced monarchy.
You are confusing connotation with definition. The “state” has nothing to do with capitalism. Capitalism is a means of organizing economic activity. That’s it.
You say a bunch of words but can’t just admit you’re wrong and like a man update your model to reflect objective reality. No point in trying to have a conversation with someone like you, muted.
I will listen to it, I promise. However, why would you not just read everything Adam Smith and colleagues alike who organized the capitalist theory?
So Mr. Ammous, starts by describing how humans are social animals, working together to make a better environment and society for everyone. Then he takes the most important tenets of socialism and claims them for capitalism? Have you ever read Adam Smiths work? Or, Joseph schumpeter?
My reoccurring question to everyone to all self proclaimed capitalism supporters, when has capitalism ever been tried? What has capitalism done specifically?