"WordNet Search - 3.0

S: (n) capitalism, capitalist economy (an economic system based on private ownership of capital)

Private ownership of capital, not cooperative or state ownership of capital. Sounds like a free market to me..."


Again, you're creating your own definitions. You simply took private ownership, which is a very broad term, and baselessly claimed that it sounds like a free market, which makes no sense at all.

In the days of the free market, the bourgeoisie had the complete freedom to maximize exploitation of the working class and maximize profit. Those were the golden days. At least for the capitalists and the privileged layers of the middle class. Such are the days that the conservatives and libertarians long for. When workers were forced to live in company owned barracks and factory towns. There were no restrictions on pollution, no food regulations, no health regulations, no safety regulations. Workers were treated like dogs, and when they were injured, they were instantly replaced.

That's when the era of struggle began. People just couldn't stand the way things were going any longer, and they began to question everything, the government, the system, their bosses. They became class conscious.

But internal and external forces eventually sabotaged those movements through opportunism, the red scare, and the betrayal of stalinism and revisionism.
As these opportunists insisted that the workers support the democratic party in hopes that it would reform the system, the government began to regulate and make reforms to the system to make it more "user friendly".

However, in the end, the only thing that truly got us out of the great depression was the destruction of billions of dollars of industry through massive bombings and the death of hundreds of millions of people.