Quote Originally Posted by UTEopia View Post
I think she got caught up on trying to use the word capitalism in her description. When she got right down to it, she said that capitalism has as its priority the accumulation of profit and wealth above everything else and it is sought at the expense of any human or environmental cost. In all honesty, I believe that to be fairly accurate description of a capitalist economy.
I actually give her a pass of sorts, because I know it is hard to compose thoughts while up on stage. It mainly just cracked me up, and had that been a conservative politician bumbling around like that many news sources would have jumped all over it, instead of cleaning it up for print.

However, even with that pass of sorts, the actual and accurate definition of capitalism is "an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state." That means that we aren't unwilling participants, nor the victims of the system. In fact, at the expense of any human or environmental cost is a silly explanation because if a business costs humans they vote by not giving their money to that business.

And I should note I'm not a hardcore capitalist. And I think you can argue at how effective that actually is. But last I checked, nobody was holding a gun to my head to shop at Walmart, nor requiring me to get coffee at Starbucks. And people vote with their dollars frequently against business that harm the environment.

For example, nobody has compelled a company like Apple to make nearly 100% recyclable laptops or to build a business center that is near carbon neutral. Yet they obviously either did this as a free enterprise because the people powering it believed in it, or they believe that the market demands it.

Is it a perfect system that requires no regulation? No, but we've gone beyond that point since our country's inception.

So, not only is it not an accurate description, it displays a fundamental misunderstanding of what it is. Her description of democratic socialism was equally humorous.