What is Capitalism?

According to Rasmussen Reports:

Just 37% of voters believe a free market economy is the same as a capitalist economy. Thirty-eight percent (38%) disagree and 26% are not sure.

MORE AND POLL BELOW THE FOLD….

But according to Merriam-Webster’s Dictionary: “capitalism” is defined as:

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

And according to Thesaurus.com “capitalism” and “free market” are synonyms.

Rasmussen went on to say that voters prefer a free market economy to one managed by the government by a margin of 76% to 10%.  Yet, voters only prefer capitalism over socialism by a margin of 53% to 20%.

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About Mike "DD4RP" Rossettie