|No, not that Marx, but Groucho always made more sense.|
When rational, sane, normal people say capitalism, they usually mean it in the sense of a Free-Market, where people put their capital at risk in hopes of accomplishing something. Usually they wish to increase their capital through an investment or business venture. Sometimes, they use their capital in an altruistic manner, with making someone (even themselves) feel better or have a better go at life as their objective.
However, today when professors, news writers and script writers (sorry for the redundancy) use the word capitalism, it has a more sinister meaning, that of class division and worker exploitation. 'Oddly, ' the World Socialist Movement definition just happens to be the version that has been embedded in the minds of every student of anything in the Western world from those broadcasting it from "the commanding heights of society."
Now, even the dimmest of the wealthy useful idiots thinks this (from the "facts" behind Capitalism: A Love Story):
|More Socialistic tripe from Michael Moore|
Despite fear-mongering about the word "socialism," particularly around the time of the 2008 Presidential election, only 37% of young people prefer capitalism over socialism, while 33% prefer socialism to capitalism.Yes, Michael Moore and others of his stripe, truly believe that the poll he cites "proves" that Socialism is a,most equally desired as a US national economic system as capitalism. But is this really true? As we have seen over the years since the mid-1930s, the English, French and German speaking world has been under the illusion that Nazism is interchangeable with Fascism (not true) or the opposite of Communism, when in fact they are all just different flavors of Socialism. That is the problem that we run into when we allow the illiberal left to define our language. Eventually, the words mean nothing beyond something to fling at an opponent that may or may not have anything to do with anything, really.
Rasmussen Poll: "Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided."
So, that sly little Rasmussen fellow came out with another poll, using equivalently descriptive terms rather than nicknames: 72% Favor Free Market Economy Over One Managed by the Government
Now, when your favorite little Socialist friends quote Michael Moore to you, you have a good fact for a response. The Free Market vs Government Managed numbers have been pretty close for years.