I don't think the terminology is very much standardized. Our system is not "pure" capitalism, and perhaps it would be better to call it a mixed economy. By usin

I don't think the terminology is very much standardized. Our system is not "pure" capitalism, and perhaps it would be better to call it a mixed economy. By using the word capitalism, I mainly meant to contrast it with radically different systems, such as feudalism and central planning (I'm not aware of whether these systems also encountered boom/bust cycles.)