Capitalism has nothing to do with freedom to make whatever you want. I don’t know who told you that but it is absolutely 1,000% not true. Capitalism is those with the most Capital controlling the means of production. That’s it that’s literally it. You can see how that inherently leads to exploitation.
By the way capitalism is supposed to be unregulated. We have to regulate it because it’s such a abysmally broken and self-destructive system. So saying wealth concentration is the result of unregulated capitalism is just admitting that capitalism results in wealth concentration. Your first sentence there basically concedes your argument. Regulation by the way which is inherently self-defeating because it can’t fix the very essence of the problem.
an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
Capitalism has nothing to do with freedom to make whatever you want. I don’t know who told you that but it is absolutely 1,000% not true. Capitalism is those with the most Capital controlling the means of production. That’s it that’s literally it. You can see how that inherently leads to exploitation.
By the way capitalism is supposed to be unregulated. We have to regulate it because it’s such a abysmally broken and self-destructive system. So saying wealth concentration is the result of unregulated capitalism is just admitting that capitalism results in wealth concentration. Your first sentence there basically concedes your argument. Regulation by the way which is inherently self-defeating because it can’t fix the very essence of the problem.
Merriam Webster Dictionary:
You’re arguing with the dictionary.