Capitalism is said to be defined as an economic system based on the private ownership of the means of production and their operation for profit. This definition is actually for Free Fair Market not Capitalism. Central characteristics of Capitalism include greed not normal capital accumulation; on monopoly not competitive markets; on manipulation not free price system; on big ownership not private property and recognition of property rights; on old and modern forms of slavery not voluntary exchange and wage labor.
In a capitalist economy, decision-making and investments are determined by the owners of big money and political influence; whereas qualities, prices and the distribution of goods and services are determined by corporate policies and not by free competition or consumers. Free Fair Market Economy provides better products and innovation through competition, promotes pluralism, decentralization of power, disperses wealth to people to invest in useful enterprises based on market demands, allows for a flexible incentive system, creates strong economic growth, and yields productivity and prosperity that greatly benefit society.
Economists, historians, political economists and sociologists have adopted different perspectives in their deceptive analyses and presentations of capitalism to look much similar and blur the public vision with the opposing free fair economies. They have recognized various forms of capitalism in practice but clearly none of them is fair or free. These include liberalist capitalism or laissez-faire; state capitalism or actually Communism; and welfare capitalism or Socialism. Capitalism is not environmentally or socially friendly
Different forms of capitalism have varying degrees of control over markets, ownership, state social policies and elimination of competition. Competition controls in markets and the role of intervention, regulation as well as the scope of state ownership vary across different models of capitalism. Free Fair Economies once they lose their tools of maintaining freedoms and fairness they turn into fields for capitalist corruption
Most of the existing capitalist economies claim to be mixed economies that combine elements of free markets with state intervention and in some cases economic planning. But indeed, capitalist economies have different degrees and forms of state or party social and economic colonialism which is Communism.
Capitalist economies, not Free Fair Market economies, have existed under many forms of authoritarian government and in many different times, places and cultures. But Free and Fair Markets is old and natural, while Capitalism is modern and man-made projects. Liberal Partisan Democracy is not patriotic Democracy
Capitalist societies are marked by money-based social relations, large and system-wide class of workers for wages (the proletariat) and a capitalist class which owns means of production. It was created by Asiatic invasions and colonization then the formation of feudal groups in Europe; in a process that shifted from agrarian to industrial capitalist slavery after the Asiatic savages discovered European capabilities.
Critics of capitalism are unaware that it is not at all Free Fair Market and they keep arguing that it concentrates power in the hands of a minority capitalist class that exists through the exploitation of the majority working class and their labor; prioritizes profit over social good, natural resources and the environment; is an engine of inequality, corruption and economic instabilities; and that many are not able to access its purported benefits and freedoms, such as freely investing. But these are its definitions.
Capitalism with varying degrees of government intervention and industrialization have become dominant in the colonies following the colonization of Europe and continue to spread in the world with the spread of off shoot groups. Accelerated economic and political concentration is the main tendency of capitalism, aspiring for globalist system of governance. Free Fair Economy protects all elements