3 ms·
> The original definition was prior to that, first used by Anne-Robert-Jacques Turgot in a positive, anti-feudalist sense. I think you're wrong. I looked aroun
by asgard1024 12y ago
> The original definition was prior to that, first used by Anne-Robert-Jacques Turgot in a positive, anti-feudalist sense.
I think you're wrong. I looked around the Internet and it really seems that the word "capitalism" originated from "capitalist", first used by Marx in Communist Manifesto.
See e.g. https://answers.yahoo.com/question/index?qid=1005122700456 https://answers.yahoo.com/question/index?qid=1005122700456
(I would be interested to see exact quote from Turgot, that uses the word.)
What you describe was called "economic freedom" or "economic liberalism". And I already said that, when I mentioned "free market". Markets obviously are prerequisite for capitalism, but they don't have to be free in this sense.