Is see and feel a problem. Words matter, definitions matter and they should not be moving targets.

Maybe you are writing to your followers and they are familiar with your redefinition of some common words.

commerce

[ˈkämərs]

NOUN

• the activity of buying and selling, especially on a large scale.

Do you see how commerce can be Capitalistic, Socialistic, Communistic, or even Communalistic. Do you see how commerce does not specify the use of currency, money or other mediums of exchange.

Do you see how you are perverting the word and our language in general.

If your writing uses words that are familiar to me but for you (and maybe your usual audience) they have a different meaning then we have a serious miscommunication.

I posted the definition of capitalism from a reputable source.

Is your “operating definition of capitalism” recognized by some formal accredited dictionary? Otherwise you should not coopt existing words for your purpose and instead describe what you are talking about so the reader is not mislead.

An economic system in which enterprises seek efficiency innovations and resource control with the aim of reducing labor and material costs, thus increasing revenue that can be reinvested in new technologies with the goal of outpricing competitors, monopolizing market share, and maximizing the potential for future profits.

That has many of the characteristics of what I have commonly seen referred to as Predatory Capitalism but with a bit of an entrepreneurial spin. At least is includes efficiency and innovation instead of just buying up the competition, flooding the market with product at a price under the cost of production in an effort to put the competition out of business, collusion and the formations of cartels, trusts and monopolies.

I believe that a system that balances the private ownership of the means of production and government (society) owning the means of production works best and that balance will always be a moving target.

Both Capitalism and Socialism need checks and balances otherwise the Oligarchs (aided by the Plutocrats) will fleece the rest of us.

oligarch

[ˈäləˌɡärkē]

NOUN

• a member of a small group of people having control of a country, organization, or institution.

fleece

[ˈflēs]

VERB

• to strip of money or property by fraud or extortion
• to charge excessively for goods or services

plutocrat

[ˈplo͞odəˌkrat]

NOUN

• a person whose power derives from their wealth.

Does any of this sound familiar?

TEK