Your definition for capitalism is correct, but might be missing the key point: > Capitalism is the use of markets as the primary method of resource allocation

Your definition for capitalism is correct, but might be missing the key point: > Capitalism is the use of markets as the primary method of resource allocation within a society. http://www.americanteeth.org/2015/06/21/why-i-m-a-capitalist-and-what-does-that-mean/ http://www.americanteeth.org/2015/06/21/why-i-m-a-capitalist... I lost a game of Go to the guy who wrote this. He's a total socialist, but he _gets it_. Capitalism is just using markets, and when he and I use that word we just mean that. But when many progessive-types use that word, they mean all of the perceived evils and unjustice that coming along with that system.