
Originally Posted by
idleidolidyll
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The New Zealand Oxford Paperback Dictionary ISBN 0 19 5584104:Capitalism: An economic system in which trade and industry are controlled by private owners for profit.Capitalist: 1. n One who has much capital invested; derog; a rich person.
2. a person who favours capitalism Socialism: n A political and economic theory advocating that the community as a whole should own and control the means of production, transport, property etc.
Not that I actually see much wrong with "An economic system in which trade and industry are controlled by private owners for profit."
As thats actually the only reason we do anything. For pay, profit, reward.
Be it cash, or the reward of helping others, its our primary motivation in life.
Yes the battle of the dictionary...
How about "SOCIALISIM (In Marxist theory) a transitional stage in the development of a society from capitalisim to communisim..." (New Collins english dictionary.)
David must play fair with the other kids, even the idiots.
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