@yogthos the key word there is "generic". As originally used, "capitalism" was a comparison to feudalism and intended as a criticism. In the last 50 years or so, it's been so regularly misused to describe the political-economic system used in liberal democracies (private property, free enterprise, markets etc) that this common usage is now a legitimate meaning too. When a word comes to mean something *and* its opposite, it's effectively meaningless, and serves only to derail debate. I avoid it.