I was reading the “let’s keep liberals out” thread and it was quite interesting. Among other things, it inspired me to make this post.
What is your definition of capitalism? I don’t mean the textbook definition although that’s fine, too. It would be best if you just gave it off the top of your head. Here, I’ll go first.
At its basest, capitalism is putting into practice the idea that one can accumulate “capital” and then apply it all at once toward a goal.
Bonuses for additional definitions like capital or economic policy or socialism or government policy or market, etc.