Socialism, Capitalism and Free Enterprise

The word “capitalism” was invented by leftists to disparage Europe’s predominant economic system in the 19th century. While he didn’t invent the word, Karl Marx was its main popularizer. So the term was originally intended, and has always been used by the Left, as a term of disparagement. Nevertheless, conservatives have generally adopted the word “capitalism” and have sought to defend it. Meanwhile, throughout the 20th century, “socialism” ... was anathema in America. More recently, polls have suggested that, as a result of far-left indoctrination in the schools, many young Americans have become enamored of socialism. We decided to test...