• Thorny_Insight@lemm.ee
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      1 year ago

      My definition is almost word to word the same that merriam webster gives. You can go have a look yourself.

    • TheFonz@lemmy.world
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      1 year ago

      What are you talking about? Capitalism is inherently reliant on free markets. Otherwise what you have is a planned economy. You know, the opposite of capitalism?

      • emberwit@feddit.de
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        1 year ago

        Capitalism is reliant on a free market. That does not make it the same nor does that mean that a free market is reliant on capitalism. The concept described above is a free market, not capitalism.