Download a Permanent Printable PDF Version of This Article.
This brief definition of Capitalism is not intended to go into the detail that would be needed if defining a system of government.
Unlike Marxism and/or Socialism and/or Communism, Capitalism is purely an Economic system, not a Government or Governing system, and requires a market to be free and unhindered by government interference. History proves that it works most efficiently and profitably under Representative Government. Capitalism is not planned or organized or controlled; it is something that naturally "happens" when and where men are free and the market place is open.
It is the economic system that emphasizes the right to private property and in which the means of production are privately owned and operated. In a Capitalist system, the investment of capital and the production and distribution of various commodities, goods and services are accomplished in an open and free market.
Prices are just naturally and automatically determined in the free market, and they float in accordance with the natural laws of supply and demand.
Those who invest capital at their own risk expect to make profit or loss on the investment. Wages or salary is paid for labor; wages or salary and other on-going expenses reduce profit margins.
Private Property is Capitalism. The right to private property is established in natural law, by the rule of possession; "Possession is nine tenths of the law." The right to private property is established in Judeo-Christian morality by two Commandments of God:
The right to private property is among the American foundational rights, written into the Declaration of Independence as inalienable rights ordained by God, defined therein as The Pursuit Of Happiness, interpreted as the ability of a man to prosper from his own work.
The right to private property is fixed in the American Constitution in Amendment Four and again in Amendment Fourteen.
Update to Definition of Capitalism, Saturday, February 04, 2012
The Free Market is itself a definition of Capitalism. Just as Liberty is a natural thing that exists within the breast of man, Capitalism – the Free Market – is a natural thing that exists in symbiotic and co-dependent relationship with Liberty.
Life, Liberty, Pursuit of Happiness
From the Declaration of Independence:
This is our national purpose for being; our nation’s very foundation stone. This is what America stands for before she stands for anything else. If America is to be true to herself she must be true to the principles promoting and protecting Life, Liberty and the Pursuit of Happiness.
It is when men enjoy these three rights that the natural system of Capitalism comes into its highest and most productive form of being. Capitalism is natural; Capitalism just happens, when and where men enjoy liberty. Another word for Capitalism is a Free Market. It is not planned or controlled or governed by any outside entity or government or power. Just as liberty is natural within the breast of man, the free market is natural where a culture is free.
It is a gross misinterpretation to call the Pursuit of Happiness – the ability of a man to work in his own self interest – a system of greed. It is a slander. You may call it greed if you wish, but I submit that self-interest is the first dynamic even of survival itself. No one can ever be of any use to anyone else if he doesn’t first take care of his own needs.
Our Declaration of Independence guarantees that our citizens are able to prosper by their own effort. A man must make profit before he can be charitable.
These are the unique American Principles to which our Founders pledged “our lives, our fortunes and our sacred honor”, in the words of Jefferson, to which all signed their names. They all knew that they were signing their own death warrants if the new nation failed to survive. They all signed.
And they all stood by those signatures.
Free Market (Laissez-faire Capitalism)
Capitalism – meaning, the Free Market – is not a system of man, in that it is not purposely created or controlled by man. Capitalism just happens when and where men enjoy life, liberty and the pursuit of happiness. When large numbers of men are left free to pursue their own self interest and allowed to prosper by their own work, a great plethora of varieties of goods and services are created by the work of these free men. Adam Smith didn’t invent it; he only described it in his Wealth of Nations, published in 1776, the same year our Declaration of Independence was published.
When a person works enough to make profit – meaning more than he needs for his subsistence – he creates wealth. Wealth is just another name for profit. The only source of the creation of new wealth is a free man making more money than he needs for food, shelter, clothing and so forth. The excess wages or profit may be spent by him to buy property, of any sort. Thus it may be said that
Profit, wealth and property are merely different manifestations of the same thing.
A free man is perfectly free to use his own profit any way he wishes to use it, within the law. He may spend it, save it, squander it, gamble with it, invest it or give it away. It is his to do with as he pleases, because he owns it. It is his private property.
Those of us with the most creativity or imagination take best advantage of the Free Market Rule that says Find a Need and Fill It. This means, in simple terms, detecting a social Demand for a given product or service, and then finding a way to produce that product or service to satisfy the preexisting demand, and produce it in such a way as to economically profit from the effort.
The only restraints that should be put on the Free Market would involve remaining within the rules of Judeo-Christian Morality, which should always be backed up by representative legislated Civil Law.
See the I, Pencil page for an example of how this completely natural system works.
Perverted Definitions of CapitalismMarxists of various description, including the current American Democrat Party, much of the “Establishment” Republican Party, the SLIMC1 , public education and upper academia, always show Capitalism in a negative light, to the point that most of the American public associate the word Capitalism with Greed and Corruption. This is the predictable result of purposeful Marxist indoctrination and mal-education perpetrated in our teaching institutions and strongly supported by our news media.
Even politicians and political candidates who are or call themselves Conservative avoid even using the word Capitalism because it has been so successfully demonized in the eyes of the public at large. Frank Luntz, now famous as a preeminent “instant response” focus-group pollster, has proved it. Like so many others who see the clear falsehood of this negative view of Capitalism, he fails to capitalize on a teachable moment when he encounters focus-group results that shows that the group is miss-informed on the subject. Instead, he goes with the flow of the mal-educated group, and recommends to candidates that they avoid using the word Capitalism because it polls so negatively. Thus, the view of the word Capitalism, a quite positive thing, is simply surrendered by men who know better to the ultimate destiny of universal distrust and negativity by a mal-informed public.
Language is the battleground of ideologies. Any American politician who surrenders proper use of the English language to the enemy while articulating American Constitutional Conservatism has lost the political battle for Liberty before it even begins. See the American Political Ideologies page for the layout of the current battlefield.
Democrats and other Marxists, including our current President, Comrade Barrack Hussein Obama (peace be upon him) go so far as to miss-quote and pervert the teaching of Jesus Christ to reinforce the false goodness of taxing the bourgeoisie to redistribute to the proletarians, in an evil, twisted interpretation of charity. These Marxists don’t even know what charity is. Charity must be freely given, else it is not charity. Charity must be given from your own plenty, not from someone else’s. The record shows that none of these Marxists are charitable. No Marxist was ever charitable. To take from others against their will is stealing. Good intentions, whether real or as a mask, do not change an act of stealing to be something other than an act of theft.
The tears the Marxists weep for the poor are crocodile tears. They only take; they do not redistribute, except temporarily, until the source is dead. Then, they simply rule, over the destitute. The true but secret goal of the Marxist is power, not charity. Charity is only a mask.
True Definition of Capitalism
The true definition of Capitalism is the free market place full of a wide variety of goods and services, each of wide variety in quality and in price, that naturally become available when a population enjoys the God-given rights to Life, Liberty and the Pursuit of Happiness. It has been falsely demonized as “Unfettered Consumerism” and “Unfettered Profiteering.” But, why should Consumerism be fettered? Why should Profit be fettered?
I submit that if you “fetter” Capitalism, it will no longer be Capitalism. It will be some form of Socialism. Capitalism is an unplanned, uncontrolled economy. Socialism is a planned and controlled economy. They are opposites.
The only restraints or “fetters” that should be placed on Capitalism are the exact same restraints that ought to be put on citizens: to live within the moral law, which should be in complete harmony and synchronization with representative civil law. Bernie Madoff is widely touted to be an example of a greedy Capitalist run amok; but he was no Capitalist. He was a criminal. Note where Bernie Madoff is; he is in prison, where criminals belong.
You should not consume too much. You should not begin to value profit, or any tangible thing, or the world, more than your neighbor, or allow it to distract you from God and His law. If you are a Christian or a Jew, you already know that.Marxists do not know that. Marxists are atheists, whatever religious pretensions they may display in public. Being an atheist is a prerequisite to being a Marxist; you can’t be a good Marxist without first being an atheist. Marxists hold nothing to be sacred; they deny even the term sacredness itself, for they cannot even begin to understand it. Whenever any Marxist uses that terminology he shows that he doesn’t even know what he’s talking about, or that he is lying. All Marxists are MEJTML14 s. That’s just the way it is.
The rights to Life, Liberty and the Pursuit of Happiness were authored by God, and not by man, and not by government, and not by any law of man. These rights may not be taken away by man, or by government, or by any law of man. These rights of man are, almost definitively, Capitalism.
And that’s the way it is.
Return to Latest page
Return to HOME PAGE
Hover-Link Footnotes: For the convenience of those readers using devices that lack a mouse, these footnotes are provided for all webpages, in case any webpage contains any hover-links. (If you don't have a mouse, you can't "hover" over a link.)
Respond to This Article Below The Last Comment
Date: Thu Feb 23 07:01:19 2012
From: Vic Biorseth
To Justin, and, To Tammy:
Your submissions, as submitted, are unworthy of publication here. You may remove the vulgarity and try to correct your truly poor English, and then re-submit, if you wish.
But, if I am correct in guessing your age group and your education level, you may be unable to do that. For you will have confirmed my previously stated position that most young people educated in the public school system, and young college students or even college graduates who may or may not have come through the public schools, are largely incapable of participation in decent, reasoned Socratic argument. They don’t even know what that is. They have been taught what to think; not how to think.
I invite you to visit the Critical Thinking page for a brief look at what your teachers left out of your education, or, what you didn’t pay enough attention to.
I will pray for you.
Thursday, March 28, 2013
Converted Page to SBI! Release 3.0 BB 2.0.
Friday, April 19, 2013
Added link into Sociological Definition Pages right-column link set.
Date: Mon Sep 29 2014
From: Vic Biorseth
Changes pursuant to changing the website URL
and name from
Thinking Catholic Strategic Center to
Catholic American Thinker.
Pulled the trigger on the 301 MOVE IT option June 1, 2014. Working my way through all the webpages. .
Language and Tone Statement
Please note the language and tone of this monitored Website. This is not the place to stack up vulgar
one-liners and crude rejoinders. While you may support, oppose or
introduce any position or argument, submissions must meet our
standards of logical rigor and civil discourse. We will not
participate in merely trading insults, nor will we tolerate participants merely
trading insults. Participants should not be
thin-skinned or over sensitive to criticism, but should be prepared to
defend their arguments when challenged. If you don’t really have a
coherent argument or counter-argument of your own, sit down and don’t
embarrass yourself. Nonsensical, immoral or merely insulting submissions will
not be published here. If you have something serious to contribute to
the conversation, back it up, keep it clean and keep it civil. We humbly
apologize to all religious conservative thinkers for the need to even say
these things, but the New Liberals are what they are, and the internet is what it is.
If you fear intolerant Leftist repercussions, do not use your real name and do not include email or any identifying information. Elite Culturally Marxist Authoritarians will never tolerate your freedom of speech or any opposition to their own pro-Marxist/anti-Christian/anti-American/Globalist/anti-Nation/immoral/anti-white/racist and bigoted point of view.
Never be lukewarm.
Life itself demands passion.
He who is indifferent to God has already forfeited his soul.
He who is indifferent to politics has already forfeited his liberty.
In America, religion is not mere window dressing and citizenship is not a spectator sport.
Do not allow our common destiny as a whole people to just happen without your input.
Catholic American Thinker
Free E-zine Subscription
Your email is perfectly secure here. We use it only to send you the
Catholic American Thinker
Sociological Definition Pages
Definitions of all the "isms" with a lot of consensus of thinking behind them, which makes them popular opinions or ideas seeking political favor.
Definition of Marxism: Total control of means of production, including workers. The definition of Marxism describes the social, economic and governmental philosophy of Karl Marx, co-author of the Communist Manifesto.
Definition of Freudianism: The psychoanalytical thought and practice of Freud, Jung and Kinsey. This definition of Freudianism addresses Sigmund Freud's turn of psychological focus from cognition and intellect to the unconscious & subconscious mind.
The definition of Darwinism in a nutshell. In the definition of Darwinism we find the foundational priciples upon which the quest for the atheist holy grail: the purely material origin of life itself.
Definition of Islam: Ideology of Military Conquest Masquerading as a Religion. The Definition of Islam describes the “Convert, Submit or Die” War Strategy of Mohammed.
The term Marxist defined: Marxism today has overtaken many earlier terms. Re the term Marxist defined in contemporary usage. The term Liberal doesn’t mean what it used to mean either.
Definition of Conservatism: "That government is best that governs the least." A definition of conservatism must recognize that, politically speaking, the terms Liberal and Conservative have traded places.
Definition of Libertarian : A Pro-Constitutional Practical Atheist. The definition of Libertarian describes a religiously-cleansed conservatism defending core American political values while denying moral absolutes.
Definition of Capitalism: Economic Organization based on Private Property. Any true definition of Capitalism must state that it is purely an Economic system, not a Government system, and it works most efficiently and profitably under Representative Government.
Our argument supporting the Rule of Subsidiarity, practicality and common sense. The moral and organizational Rule of Subsidiarity is crucial to the rights of man and essential for freedom.
Definition of Communism: Marx's theoretical classless utopian society. The Marxian definition of Communism involves the theoretical, perfect, classless society with common ownership of all economic "means of production."
Definition of Fascism: System of Marxism resisting the Worker's Revolution. A true definition of Fascism must recognize its deep roots in Marxism.
Definition of Anarchy: Opposition to State Authority in favor of - well - Gangs. They said it couldn’t be done; but even the most cursory Definition of Anarchy shows it to be even more stupid than Communism.
Definition of Socialism: Intermediary phase between Marxism and Communism. Definition of Socialism: 1) The older ideology with "collective" ownership of power and means of production; 2) Marx's "Dictatorship Of The Proletariat" evolving toward Communist Utopia.
Definition of Democracy: Ideology stressing direct or electoral majority rule. The definition of Democracy as a form of government involves policy and law determined by the actual, real majority of the people governed.
Definition of Republic: A state in which sovereignty rests with the people. This definition of Republic stresses autonomy and rule-of-law, and places the root of sovereignty in the people or their electorate.
Liberal Democracy defines elected representative government under rule-of-law. Liberal Democracy is differentiated from Social Democracy by not restricting the right to private property, which is to say, the means of production.
A pure Democracy that left the natural economy alone would be ideal. Pure Democracy in the Jeffersonian model, with unfettered free market Capitalism, would out-perform any other system.
Description of pure Socialism - the ideal that all Socialism is driving toward. A true, pure Socialism would be something considerably less than the Utopians dream of, since perfection is not of this world, or of this life, and will never be encountered in either.
Social Democracy defines an attempt to force-fit Marxist ideas into a Democracy. Social Democracy, neither fish nor foul, seeks, by devious means, by the gradual rather than revolutionary path, the ultimate victory of Communism, or, Communist Utopia.
Legally Destroying America, through Defining Treason Down. American Political Parties are swiftly dismantling Constitutional government, having first defined treason down to the point of non-existence.
Our definition of anti American goes considerably deeper than the dictionary. Anyone, anywhere, may oppose nationalism or national pride. Definition of anti American: one who ignores or opposes the American Constitution.
Our definition of pro American goes considerably deeper than the dictionary. Anyone, anywhere, may be a patriot. Definition of pro American: one who loves and adheres to the American Constitution.
Click the image above to
publish your essay or article here,
to be included among those below.
Submitted Articles and
(Note: copyrights on these articles wherever present will supersede the WebSite copyright at the bottom footer of every WebPage)
A Pastor's Descant (Assumption Grotto News) Fr. Perrone: How our corporate prayers after Mass have been modified following the election.
An American Diocese upholds a Marriage against Abandonment. Which should be the norm. Abandonment of a Catholic Sacramental Marriage is assumed a priori to be a mortal sin.
Here comes the Synod Exhortation, and more EENS denial. Is this original simple mistake leading us into doctrinal and ecclesial revolution?
Agreeing with Mother Angelica, Rest In Peace, on no known exceptions to EENS. Are all VCII and Post-VCII "exceptions" to No Salvation Outside The Church just imaginary?
Was Archbishop Lefebvre Correct After All? Archbishop Lefebvre was correct in rejecting Vatican Council II, interpreted with irrationality. May God bless him for that.
Cardinal Kasper's False Arguments. Pope Benedict, Cardinal Kasper's false arguments for Synod Report: Vatican Council II agrees with the dogma extra ecclesiam nullas salus as it was interpreted by the 16th century missionaries.
Rahner's "Anonymous Christian" as main line Catholic theology. Coming back full circle?
The Heresy of Chrislam. Those claiming that the “Allah” of Islam’s Qu’ran and Yahweh or God of both the Old and New Testaments of the Bible are one and the same are missing one glaring point: GOD NEVER CONTRADICTS HIMSELF.
Faith, from the Easter series on the Three Theological Virtues. The virtue of Faith; One of the Seven Heavenly Virtues.
Hope, from the Easter series on the Three Theological Virtues. The virtue of Hope; One of the Seven Heavenly Virtues.
Love, from the Easter series on the Three Theological Virtues. The virtue of Love; One of the Seven Heavenly Virtues.
Prudence, from the Lenten series on the Four Cardinal Virtues. The virtue of Prudence; One of the Seven Heavenly Virtues.
Justice, from the Lenten series on the Four Cardinal Virtues. The virtue of Justice; One of the Seven Heavenly Virtues.
Temperance and Fortitude, from the Lenten series on the Four Cardinal Virtues. The virtues of Temperance and Fortitude; Two of the Seven Heavenly Virtues.
On the word Consubstantial, the Trinity and Infinity. On the Consubstantial (Single Substance) of God, and the mathematically impossible number of Infinity.
A Proposed Israeli National Doctrine that America should Learn From. Reprinted Article identifies common ideological enemies of Israel, the USA, and all Nations: Marxism, and New World Order concepts.
The challenge describes Capitalism as illusory and Marxism as solid. The mixture of religion just adds to the confusion of all good realists.
The Obama Ethos: Who is Barack Obama? What is his grounding, his ethos? The Obama Ethos explores Obama's grounds of being; his religious, moral and political guiding principles.
Obama the Moslem: Introducing Comrade Obama (peace be upon him.) Obama the Moslem: anti-Catholic; anti-Christian; anti-Jew; anti-American.
Freedom, yes – but from whom, and to do what? Is freedom from God enslavement to the world? Is freedom from the world enslavement to God? Which is better?
The Room: Born of that still inner voice. A story about a small church pastor who erects a small room to serve as a mediation room for his parishioners.
Are Catholics Saved, by having been Born Again? The theology of salvation: Catholic vs. Protestant.
Love thy neighbor as thyself: the Law in One Sentence. Can one simple sentence contain the whole of the moral Law of God?
The Catholic call is universal; it goes out to everyone. Although the Catholic call goes out to all, man’s free will means that all will not respond.
God’s Perfect Unconditional Love meets man’s Free Will. Perfect Unconditional Love can be rejected. Liberty and free choice may be a blessing or a curse.
Of Weeds and Wheat growing together, and the eventual separation. - Weeds and wheat in the field differs from in human kind, where either one can become the other.
Why Should I Believe in God? - an article by Eugene Rudder.
On Losing You - a poem by Rosemarie A. Stone.
Our Beautiful Love - a poem by Rosemarie A. Stone.
Catholic Communism: Similarities between Church Hierarchy and Pure Bureaucracy. Mises said that Communism equals Bureaucracy; the Church is a bureaucracy, therefore we have Catholic Communism. True?
The Source of Anxiety: Improper Priorities. Seek ye first the Kingdom of God and His righteousness.
“I, Pencil … ”; Capitalism in a Nutshell. Leonard E. Read
Endless Concessions to the Palestinians Pamela Levene
The Peace Treaty Sajid Ali Khan
Leftist Politics in Catholic Mass Mark Brumbaugh
The USCCB Flip-Flop Mark Brumbaugh
Open Letter to Daniel Cardinal DiNardo Mark Brumbaugh
The Gift Bearers Michael from Florida
Dear Vic And Others ... John Felland
The Church Is Rotten To The Core Michelle Lobdell
Hatred of Palin Janet Morana
Proper Catechesis Susan Greve
Who is Barack Obama? Pastor Robert Legg Greve
Limited War Doctrine Colonel Thomas Snodgrass
Rabbi Meir Kahane's Letter Rabbi Meir Kahane, OBM
Solzhenitsyn Speaks Aleksandr Solzhenitsyn addresses the AFL/CIO.
The American Constitution (American Founding Fathers)
American Democrat Party Platform Karl Marx and Frederick Engles
Prof. Libor Brom
Re The Sin Of Scandal Phil Lange
Marxist Infiltration into Catholic Thought Nancy Libert
New "race and racism" thread begun by Stephen from VT. On race and racism: the ever changing definition and generic usage of the word "racism."
The Bush War Doctrine Revisited: a fresh look at our horrible situation. A reproduction of the "Bush War Doctrine Revisited" article and discussion points by David Yerushalmi; there is much food for thought here.
Resignation of Benedict XVI and the Immediate Media Firestorm. The resignation of Pope Benedict XVI and Rev. Marcel Guarnizo's interview with the author that caused the international media frenzy.
The Jewish Shabbat. Description of Jewish Shabbat (Sabbath) from my Holy Land item supplier.
Kerry's Lies: The Old, Vietnam-Era Anti-War Chickens are Comming Home to Roost. POW Lawsuit Could Force Kerry To Come Clean - by George "Bud" Day, Chairman, Vietnam Veterans Legacy Foundation.
Just Laws for a Godly Nation. Many nations today still lack a core of just laws for a Godly nation.
What does the World Wildlife Fund have to do with World Youth Day? An unholy alliance between the Leftist WWF and the Vatican?
False Flag: Serious-minded fiction creating a better understanding of 9/11. Can serious-minded fiction play a role in creating a better understanding of critical contemporary social/political issues like 9/11?
Bringing the Liturgy Back to the Real Vatican II. Cardinal Burke Comments on Sacra Liturgia Conference
Layman letter to all bishops. Letter to Bishops from Mariann / Mary's Child
Fetal-Microchimerism gives new meaning to the bonding of Motherhood. How the unborn child blesses the mother and physically changes her, for the rest of her life.
Ars celebrandi et adorandi - Pastoral Letter from Bishop Thomas John Paprocki. With Ars celebrandi et adorandi, all Springfield IL Catholic Parishes move Jesus back to the center of life! YES!
To be, or not no be lukewarm; that is the question. Whether tis nobler to fight the good fight, or just smile and be nice ...
Technology: a Two Edged Sword. Technology can be used for good, or for evil.
More American Imperial Edicts Issuing Forth out of Obamunism. Archbishop Schnurr joins Rick Santorum in identifying American Imperial Edicts from this administration.
Benedict XVI's Motu Proprio Summorum Pontificum; Apostolic letter on 1962 Rite.
The Motu Proprio Summorum Pontificum confirms the 1962 Latin Rite as the 'Extraordinary' Roman Liturgical Rite.
The Pope's Letter to Bishops on Summorum Pontificum. Benedict XVI's Letter to Bishops on Summorum Pontificum issued the same day as the Motu Proprio.
The Explanatory Note on Motu Proprio Summorum Pontificum. An 'Explanatory Note on Motu Proprio Summorum Pontificum' issued by the Vatican.
A concerned Catholic spotlights Catholic funded Alinsky organizations. The Alinskyite Gamaliel Foundation underpins multiple Catholic funded Alinsky organizations.
From Shane Leslie Mattison, whose father was Elden Mattison Woolliams. Annecdotes from Shane Leslie Mattison.
Dr. Ben Carson, Champion of God, Family, Country and Decency in Government. Ben Carson can return America to being a Constitutional Republic once again.
A submission from someone who would be Pope. If all the last five or so Popes have been invalid Popes, then, where's the valid one? Why, Brother Michael, of course!
If you can't find the page you're looking for, try the