the.com/capitalism
An economic system where money breeds money and ambition outruns conscience.
means An economic system in which private owners control production and trade for profit, with prices set by markets rather than the state.
from From capital, via Latin caput, head — once literally counting wealth in heads of cattle. The word capitalism only entered wide use in the 1800s, sharpened by critics like Marx before its defenders adopted it.
Coined by criticsPopularized by opponents before fans embraced it
Cattle rootsCaput, head, counted livestock as wealth
Adam SmithNever actually used the word capitalism
Invisible handSmith mentioned it just three times total