Why are so many different models lumped under the name of capitalism?

There's the guy who opens up his own restaurant featuring his own style of cooking.

There's the corporate franchise that opens 20 locations in a small town featuring identical burgers world-wide

There's the huge mega-food corporation that exploits third-world countries, replaces family farms with agri-business, and crams gmo franken-foods down our throats

There's the mutual/hedge fund operations that buy and sell stock in multiple industries.

There's the WTO that can sue a city, a state, or a nation if they try to outlaw carcinogenic gasoline additives.

There's the huge investment firms that print their own money by creating caliban instruments like cds %26amp; cdo %26amp; derivatives having no discernible connection to anything tangible.



We're being sold a bill of goods by those who try to say it's all the same "capitalism"

Just because I want to see the incubi from GoldmanSachs %26amp;c being dragged naked through the streets doesn't mean I don't applaud the entrepreneur opening his own restaurant.Why are so many different models lumped under the name of capitalism?
i know what we have right now isnt capitalism.Why are so many different models lumped under the name of capitalism?
The word stem of capitalism -- capital -- is property. Capitalism is freedom, individual property rights over the fruit of one's own labor, as opposed to slavery. Capitalism is just something that entrepreneurial people do with their own property when they live under the protection of a government that respects their property rights. It's not a "system," or an evil institution. It's free people, saving their earnings and investing them to earn more wealth by serving others and making things better for everyone.



Karl Marx invented the term "capitalism" because he envisioned an economy with no property rights. It didn't suit his needs to call the western model of property ownership "freedom," though that's what he was really opposing. So he called it "capitalism."



Liberals call everything "capitalism" for the same reason -- because it sounds malevolent, and because they know their policies would never gain traction if they ever admitted that what they really oppose is freedom. But that's what liberalism really is. Liberals are dissatisfied with the "results" of free will, and so they wish to overrule it with the results of "benevolent" coercion. Freedom does not produce the results liberals want, and so they resort to force.



Liberals hate capitalism because it's synonymous with freedom.