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Why are you shouting?
I think you already knew that though, didn't you?
Social does not imply socialism, or "socialistic programs or agendas".
Originally posted by poet1b
If capitalism is private ownership of property, than what the free market scam has done is practically eliminate capitalism in the U.S., by eliminating private ownership of property.
It may not be the revolution’s dawn, but it’s certainly a glint in the darkness. On Monday, this country’s largest industrial labor union teamed up with the world’s largest worker-cooperative to present a plan that would put people to work in labor-driven enterprises that build worker power and communities, too.
Capitalism was a term coined by the French SOCIALIST, Louis Blank in 1840.
Economic system in which most of the means of production are privately owned, and production is guided and income distributed largely through the operation of markets. Capitalism has been dominant in the Western world since the end of mercantilism. It was fostered by the Reformation, which sanctioned hard work and frugality, and by the rise of industry during the Industrial Revolution, especially the English textile industry (16th–18th centuries).
Capitalism is not free market,
and the majority of industry the world over is privately owned, whether by individuals, share holders, or governments.
Socialism is the workers ownership of the means of production, and is not outdated in any way shape or form. In fact it is still alive and well...