> I have not seen a definition of capitalism which was not either contradictory, or which relied on sufficiently general abstractions (utility instead of profit

> I have not seen a definition of capitalism which was not either contradictory, or which relied on sufficiently general abstractions (utility instead of profit, social contracts and monopolies on force instead of states). That's a very good point. When we see people complaining about capitalism, these critics are essentially targeted at rule of law and the recognition of a right to private property, and how states don't simply confiscate private property held by those subjectively labeled as "the rich".