I don't know if this has been posted to DU, yet; but; I thought it important ...

[kwassa]

14. So you compare me to Ronald Reagan?

That gets this discussion off to a good start.

capitalism
1. An economic system essentially based on the private ownership of the means of production, distribution, and exchange.
2. An economic system in which the means of production are privately owned and producers compete to maximize their profits.

This has been around since the beginning of time. My point.

Now, the history of capitalism as stock owning companies is only 500 years old. Seems like only yesterday. This is your point.

The history of capitalism can be traced back to early forms of merchant capitalism practiced in Western Europe during the Middle Ages.[1] It began to develop into its modern form during the Early Modern period in the Protestant countries of North-Western Europe, especially the Netherlands and England. Traders in Amsterdam and London created the first chartered joint-stock companies driving up commerce and trade, and the first stock exchanges and banking and insurance institutions were established.[2]

https://en.wikipedia.org/wiki/History_of_capitalism

The point is, capitalism is old, not new. People on DU often act like it was invented in the last election cycle.