Word that Mean Things, Part III

Capitalism, n.

  1. A term invented by Karl Marx to encapsulate his view that money, and owning private property, is spiritually degrading for people, in his book Das Kapital.
  2. A general term for modern post-industrial society, with special emphasis upon corrupt corporate bureaucracy, commercialism, and the “rat race” as distinctive features of “capitalism” and not just its byproducts.
  3. An all-purpose explanation for anything that goes wrong in the world, such as diseases, poverty, imposter syndrome, environmental degradation, stress, and death.
  4. Private property; the idea that people should be able to own their own houses, land, clothing, vehicles, etc., and keep the fruits of their labor.

You might notice some tension between definitions 3 and 4.

Long story short, Marx coined the term capitalism so he could make private property the world’s whipping boy, and boy howdy, did it work out for him!

3 thoughts on “Word that Mean Things, Part III

  1. cyberpunkgir1's avatar cyberpunkgir1

    What reason should I give for why can’t get out of bed this morning. Oh…I will blame it on capitalism. problem solve.
    Someone needs to write a song about blaming capitalism for everything.

    Liked by 1 person

  2. Do you know Ambrose Bierce’s satirical Devil’s Dictionary? He doesn’t define capitalism, but here’s a couple others.

    Corporation: an ingenious device for obtaining individual profit without individual responsibility.

    Labor: one of the processes by which A acquires property for B.

    Personally, and as regards our own American system, I’d be happy if we could simply reconcile our “self-evident” moral equality with our pursuit of profit.

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